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U.S. manufacturers have slowed their demand for metal cutting and forming equipment, with OEMs outpacing the typically higher demand from contract machine shops.
Producers in Germany, one of the world’s largest sources of machine tools, expect no rebound in new order volumes, even though inflation is receding and cost pressures are easing...
The ongoing drop in demand for new CNC machines – while expected on a seasonal basis – is also indicating machine shops’ hesitancy to invest amid high interest rates and economic...
The U.S. demand for manufacturing technology continued to trend downward from its most recent peak, but the anticipated shift of automakers to EV production is credited for one...
