New orders of manufacturing technology totaled $571.5 million in October 2021, according to the latest U.S. Manufacturing Technology Orders (USMTO) Report published by AMT – The Association For Manufacturing Technology. October orders declined 3.6% from September 2021 but increased by 50.2% over October 2020. Total orders in 2021 nearly reached $4.7 billion, a 53% increase over 2020.?The three consecutive months ending in October totaled $1.7 billion, the largest three-month total since April 1998.
