Economic News Blog
Metalworking Marketer

Monday, July 14, 2014

Machine Tool Sales Contract First Time since February

Unit sales in May were 7.8% lower than they were one year ago. Real dollar sales contracted 17.8% in May compared to one year ago.
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Thursday, July 10, 2014

Cutting Tool Orders Contract at Fastest Rate Since February

Orders were 5.4% less than the order total for May 2013. This is the eighth month in a row that cutting tool orders have contracted compared to one year ago.
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Monday, July 07, 2014

Capital Goods Orders Decline for Third Time in 2014

The month-over-month rate was -3.8%, which is the first month of contraction since February.
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Wednesday, July 02, 2014

Construction Spending Grows at Slowest Rate of 2014

Compared to one year ago, spending in May was up 4.0%.
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Wednesday, July 02, 2014

$2.6 Billion Market Projected for Metalcutting Job Shops –

Metalcutting job shops plan to spend the largest amount on horizontal machining centers with greater than 800 mm pallet with projected spending of $483.6 million. Metalcutting job shops located in the east north central region are the largest projected segment of the market with projected spending of $869.7 million.
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