Here are some thoughts to ponder as you really look at the customers who sell your products for you and their customer. While not directly your customer, they are often not given the full access to the manufacturer to help them. Those manufacturers that have figured it out, and there are many, are separating themselves from the competition.
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The World Machine Tool Output and Consumption Survey collects global statistics country by country and compares them in U.S. dollars.
Workholding market projected to be $2.7 billion in 2013
Gardner's Tooling Equipment Report projects spending of $3.6 billion in 2013.
May Production Hits Record Level but Growth Rate Slows
The durable goods production index has set a record high for that month every month in 2013. Despite the record production levels, this was the slowest month-over-month growth rate since December 2009.
Machine Tool Contraction Accelerates
Unit sales in April 2013 were 11.9% less than they were in April 2012. This is the fourth time in five months that the month-over-month rate of change for units has contracted.
Real Capital Goods Orders Grow for First Time in 2013
Real capital goods new orders in April 2013 were up 3.1% compared to April 2012. This is the first month-over-month increase in 2013 and only the third month-over-month increase since August 2012.