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The increase in the value of new orders for machine tools and related technologies in the most recent month was substantial but the longer trend lines are more consistent
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Douglas Woods is president of AMT  The Association for Manufacturing Technology
While the value of cutting tool shipments rose slightly in July related indexes like manufacturers durable goods suggest less market stability
The 12month trend in the US Manufacturing Technology Orders report illustrates the recent peak of demand in September 2012 but a steady pullback in order volumes since the start of 2013
Douglas Woods is president of AMT  The Association for Manufacturing Technology
AMT  The Assn for Manufacturing Technology
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usmto may 2013