U.S. manufacturing technology orders increased more than expected in February, up 19.6 percent from January, according to the latest U.S. Manufacturing Technology Orders report from The Association For Manufacturing Technology. Orders were up 1.7 percent year over year.
“We anticipated an increase in orders after a soft January, but we are surprised by the strength of the February numbers,” said AMT President Douglas K. Woods. “What’s even more encouraging is the pickup wasn’t a spike related to any specific industry or region, but rather was broad-based – from Northeast to West as well as everything from aerospace to consumer products.
