Economy
July 10, 2019
AMT: Manufacturing Tech Orders Up 7.3% in May
Written by Sandy Williams
Manufacturing technology orders in May rose 7.3 percent from April to $378.4 million. The Association for Manufacturing Technology reported orders for metal cutting technologies increased 4.5 percent from the previous month while orders for forming and fabricating jumped 64.8 percent.
Total orders fell almost 22 percent from May 2018. Orders for the first five months of 2019 totaled $1.867 billion, a 13.5 percent decline from the same period in 2018.
