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February U.S. manufacturing technology orders totaled $385.89 million according to AMT—The Association for Manufacturing Technology. This total, as reported by companies participating in the United States Manufacturing Technology Orders (USMTO) program, was up 5.7 percent from January but down 10.6 percent when compared with the total of $431.63 million reported for February 2012. With a year-to-date total of $750.94 million, 2013 is down 11.9 percent compared with 2012.
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These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program.
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Comments
statistical projection
Well, losing a yearly ten percent manufacture rate figure, we'll be all broken by the year 2025, say. In the West - USA and western Europe - production continuously falls and unemployment continuously rises. Social costs - in any term - will soon become unbearable. We allow our industries to re-allocate in low-cost Countries, but when we in the West will have no money left, what will they sell? Will we migrate to China, India, Eastern Europe and fight with those people for a job? Thank you.
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