Medical equipment manufacturing sector increases

August 22, 2019

U.S. manufacturing technology orders fell 7.7% from the previous month to a total of $357.8 million in June 2019, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. While cutting technologies fell by a modest 2.1%, a majority of the month-over-month decline was driven by the more volatile forming and fabricating technologies. Orders for the first half of 2019 totaled $2,249 million, a decrease of 12.8% compared to the first half of 2018 when orders totaled $2,580 million.

While the majority of industries pulled back orders in June, there were several areas of notable growth. Medical equipment manufacturing and household appliance manufacturing increased orders nearly 40%. Job shops increased orders by modest single-digits, marking the second-straight month of growth.

Despite overall decline in June, US manufacturing technology orders increase among job shops for second straight month.