U.S. Manufacturing Technology Orders totaled $337.5 million in July 2020, a decrease of 1.7% from June 2020 and a 13.8% decrease from July 2019, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. Orders to date reached $2 billion, nearly a quarter lower than the total through July 2019.
“The manufacturing technology industry seems to be stabilizing, and order growth is more balanced across sectors,” said Douglas K. Woods, president of AMT.