Machine Tool Orders Surged in November, per AMT Report
MCLEAN, VA—Last week, the The Association for Manufacturing Technology announced that machine tool orders jumped 14 percent in November 2021, the latest month for which data is available. Orders totaled about $650 million for the month, compared to an adjusted $571 million in October 2021.
The November figure also more than doubled November 2020’s $307.6 million. The year-earlier figure occurred as the industry was recovering from the initial waves of the COVID-19 pandemic.