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Economic Indicators clear

Manufacturing’s Bumpy Ride

The US manufacturing economy had its ups and downs in 2016. According to the Institute for Supply Management, it began the year by contracting, something that had begun in the fall of 2015. When spring arrived in March, a five-month streak of mostly modest expansion began. Then a month of contraction in August, followed by growth.

Machine Tool Orders Plunge in April

Machine tool orders dropped in April to their lowest level in more than two years, AMT—The Association for Manufacturing Technology said today.