More than 30 years ago, 3D Systems brought the innovation of 3D printing to the manufacturing industry. Today, as the leading additive manufacturing s...READ MORE
Fastems delivers intelligent factory automation solutions around cutting machine tools and related processes. We are a family-owned business with 40 y...READ MORE
Okamoto offers variety of capabilities in Internal, Cylindrical, Universal, Surface (manual, automatic or CNC), Rotary, along with a variety of oth...READ MORE
EOS provides responsible manufacturing solutions via industrial 3D printing. The independent company was formed in 1989 and is powered by its platfor...READ MORE
Metal Cutting Solutions for All Industries
Ingersoll Cutting Tool Company, headquartered on a state-of-the-art manufacturing and marketing campus ...READ MORE
GF Machining Solutions is the world’s leading provider of machine tools, diverse technical solutions and services to manufacturers of precision ...READ MORE
With a reading of 59.4, the MBI showed that the metalworking industry increased its rate of growth in September. The MBI has been on an upward trend since April, indicating overall acceleration in industry growth.
The employment subindex, which moved from 58.3 to 70.1, was the most significant contributor to the slightly stronger growth. While this subindex has gone up and down, employment has grown at a very strong and fairly consistent rate since September 2009.
After a one-month contraction in July (possibly due to seasonal factors) production has increased its rate of growth during each of the last two months. However, it does not appear that production is growing fast enough to keep up with the continuing growth of new orders, as backlogs continue to grow faster.
Despite the fact that the dollar is at a 40-year low, exports have been mostly flat since early 2010. While material prices are still growing, the rate of growth has slowed noticeably since February 2011. Future business expectations were more positive in September after last month’s dip, which was probably due to Congress’ debt ceiling debate.
.JPG;width=70;height=70;mode=crop;format=webp)
.png;maxWidth=300;quality=90)
