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June total was up 4.3% vs May, but the first half of 2024 still remains down 11% year-over-year.
Search Results for: Manufacturing Technology Orders – Page 2
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The latest AMT report showed a slight decrease from April but a 1.8% increase compared to the same period a year earlier.
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It was a major monthly rebound from April's 25.6% decline.
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The company updated corrective actions it's taken in the wake of complexities in MSC's web pricing realignment rollout from earlier this year, which directly weakened sales and profits.
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Unexpected results from the distributor’s pilot phase of a web pricing realignment rollout may serve as a cautionary tale for others to avoid emulating.
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Orders through the first months of the year were up nearly 5% over 2023.
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April's orders sunk by nearly the same amount that they spiked in March, which is when many builders of such machinery end their fiscal year.
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The industrial economy barometer has been in contraction territory for 18 of the past 19 months through May.
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It flipped from a strong 4.9% monthly gain in February.
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March orders typically see a large bump, as many sector manufacturers end their fiscal year at the end of the month.
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