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Best January Ever for Manufacturing Technology Orders

March 15, 2022

Manufacturing technology orders totaled $436.6 million in January 2022, according to the latest U.S. Manufacturing Technology Orders Report published by AMT–The Association For Manufacturing Technology, decreasing nearly 27 percent from December 2021 but representing the best January total on record. The total represents a 33-percent gain year over year.

USMTO typically shows a drop in orders from December to January, and, after December 2021 proved to be the best month on record, we expected to see a substantial decrease,” says Douglas K. Woods, president of AMT. “Recording the best January on record is a welcome sign that the strength of the manufacturing technology market will continue into 2022. Recent demand for production capacity has shifted from sectors producing final consumer goods to ones closer to the raw material process.”