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Nobody's buying machine tools.

Publication: Manufacturing & Technology News
Publication Date: 19-OCT-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
U.S. machine tool consumption, a key indicator of industrial vibrancy, continues at depression-levels. Only $129 million worth of machine tools were purchased in August, a decline of 15 percent from July and off by 63 percent from August 2008, when $352 million worth of machine tools were purchased by...

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