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Machine Tool Orders Fell for a Second Month

U.S. manufacturers ordered $354.40 million worth of new machine tools and related technology during February, a decline of 6.6% from January, and a similar 6.2% decline from February 2013. It was the second straight month of declining orders, and brings the 2014 year-to-date total for new orders to $733.82 million, which is down 0.6% from the two-month total for 2013. The figures are included ... Continue Reading Continue Reading