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US Machine Tool Demand Shows Solid Expansion

Release Time£º13 Mar,2018

<p style="text-align:center;"> <img src="/membcentre/editor/attached/image/20180313/20180313091113_32799.jpg" alt="" /> </p> <p> U.S. machine shops and other manufacturers ordered $372 million worth of new manufacturing technology (machine tools and related capital equipment) during January, well lower (-27.3%) than the December order value but significantly higher than the year-ago result. January 2017 new-orders totaled $250.57 million, meaning the current year started 33.3% ahead of the pace set last year. </p> <p> <br /> </p> <p> The data is supplied by AMT - the Association for Manufacturing Technology in its monthly U.S. Machine Tool Orders report, which summarizes actual totals for machine tool sales, nationwide and within six regions. &nbsp;The figures are provided to AMT by participating companies that produce and distribute metal-cutting and metal-forming and -fabricating equipment, including domestically manufactured and imported machinery and equipment. </p>
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