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US machine tools orders up 77.3 percent in September

from IndustryWeek

The Association for Manufacturing Technology reports a surge of U.S. machine tool orders in September 2014. The data is drawn from the latest U.S. Manufacturing Technology Orders Report — a monthly summary of actual data prepared by AMT. U.S. manufacturers and machine shops ordered $647.63 million worth of new machining and cutting equipment, a rise of 77.3 percent over the $365.18 million recorded for August, and 61.4 percent over the total of $401.18 million reported for September 2013. more

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