Latest USMTO: August 2014 orders up slightly over July

U.S. manufacturing technology orders for the month of August were up 0.4% over July 2014, but down 6.0% compared to July 2013, according to the latest USMTO report.

USMTO provides regional and national U.S. orders data of domestic and imported machine tools and related equipment. It is considered a good leading economic indicator of investment in capital equipment as a means to expand manufacturing capacity.

Read the full monthly report on AMT’s website.

Categories: Economy/Markets

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