Here is the latest ‘units sold’ data for the Machine Tool industry. New equipment sales continue to decline and used equipment kicked up a bit.
We are once again at the year-end, which is a season that Machine Tool sales traditionally bounce, on tax related buying. So let’s not be surprised if November and/or December shows a ramp up.It would likely come at reduced pricing (the data below are in units sold, not revenue) and be fleeting. From EDA (markups mine)…
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Once again, our comparative to the last recession.
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