Logo of IndustRetail

U.S. FEBRUARY EQUIPMENT ORDERS ROSE 50% ABOVE AVERAGE

US February Equipment Order Average

#TUESDAYTIDBIT

The latest U.S. Manufacturing Technology Orders Report from AMT — The Association For Manufacturing Technology came in 33% above January’s total of ~$351 million and only 1.6% below the total for February 2022 which was at ~$475 million. Year-to-Date totals for 2023 have a total of $819.6 million, 10.7% below the first two months for 2022.

What does this mean for your business? Read further with Rivet|MRO to find out!

Get Rivet | MRO in your inbox

Co-Op Marketing infographics