Machine Tool Orders Rising, but Trailing 2023 americanmachinist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanmachinist.com Daily Mail and Mail on Sunday newspapers.
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.