New orders of manufacturing technology totaled $543.2 million in March 2023, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. March orders were up 16.5% over February 2023 orders and just under 2% below March 2022 orders. Orders through the first quarter of 2023 totaled $1.36 billion, just 7.5% below the first quarter of 2022.
“Based on historical trends, we expected March to be an improvement over February,” says Douglas K. Woods, president of AMT.
