11282020Sat
Last updateWed, 25 Nov 2020 4pm

Manufacturing & The Economy

U.S. Manufacturing Technology Orders Up in September

U.S. Manufacturing Technology Orders totaled $373.7 million in September 2020, an increase of 26.4% from August 2020, and the highest monthly total of the year, according to the latest U.S. Manufacturing Technology Orders report published by The Association For Manufacturing Technology (AMT). The September total decreased 3.2% from September 2019, and orders to date reached $2.68 billion, nearly a quarter lower than the 2019 YTD total.

“In addition to the positive numbers this month, we are now seeing the economic recovery reach a broader spectrum of the overall capital equipment market,” said Douglas K. Woods, president of AMT. “Manufacturing is ramping back up as production, shipments, and order levels continue to improve throughout most sectors. The high demand for mold-and-die products during the height of the pandemic led to reshoring portions of the industry’s output. Additionally, a strong housing market continues to expand demand for household appliances, creating backlogs that will keep production lines busy into the winter.”

VALVE Magazine Print & Digital

Subscribe FALL20FREE SUBSCRIPTION*

• Print magazine
Digital magazine
• VALVE eNews
Read the latest issue

*to qualified valve professionals in the U.S./Canada

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, visit the Valve Careers YouTube channel to watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association

  • Latest Post

  • Popular

  • Links

  • Events

New Products