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Industry Growth Flattens
With a reading of 49.5, the Metalworking Business Index showed the industry contracting shallowly in August.
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Industrial Production Still Growing Faster
The consumer durable goods industrial production index shows a strong rate of growth.
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June Machine Tool Orders Remain Strong
More machines worth more money are being sold, and the trend is predicted to accelerate.
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July MBI Shows Industry Performance Moderating
With a reading of 48.3, the Metalworking Business Index showed that the metalworking industry has contracted for the first time in three years.
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May Machine Tool Orders 2nd Highest of 2012
According to USMTO, machine tool orders in May 2012 were 2,075 units and $408,053,000.
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MBI Grows for 35 Months
With a reading of 51.2, the June Metalworking Business Index showed that the metalworking industry has grown for almost three years.
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Defining Business Characteristics of Top Shops
The Top Shops tend to outshine other shops in a number of financial areas. Sometimes, they apply alternate business strategies to achieve higher performance levels.
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Industrial Production Growing Faster and Faster
The consumer durable goods industrial production index was 95.0 in May 2012. This was the fourth month in a row that the index had been at or above 95.0.
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Machine Tool Orders Remain Robust
According to USMTO, machine tool orders in April 2012 were 2,066 units and $469,653,000. Unit sales have been above 2,000 machines 10 out of the last 14 months.
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Industry Grows at Slower Rate
With a reading of 52.8, the May MBI showed that the metalworking industry continued to grow. However, the rate of growth was the second slowest since August 2009.
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Production Growing at Fastest Rate Since June 2010
The consumer durable goods industrial production index was 94.9 in April 2012. This is the index’s third highest value since February 2008.
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Machine Tool Orders Still Strong
According to USMTO, machine tool orders in March 2012 were 2,304 units and $458,506,000. This is the fourth strongest month for machine tool unit sales since September 2008.
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