U.S. Manufacturing Technology Orders totaled $383.8 million in October 2020, an increase of 3.7% from September 2020, and the highest dollar value since December 2019, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology.
October 2020 orders decreased 1.9% from October 2019; however, this was smallest year over year difference in 2020 and a stark contrast to the 43.1% year over year decrease seen in May 2020. Total orders through October reached $3.07 billion, a decrease of 20.2% from 2019.
