Machine Tools
Machinery Industry
By admin at 20 February, 2009, 6:24 am
We remain extremely cautious on the machinery sector.
As foreign economies deal with weaker exports to the U.S and Europe, industrial customers are cutting back on capital spending. Equipment orders are
decelerating in almost every end-market — from machines used in construction, infrastructure, agriculture to base metal projects.
There are several data points that help to paint the […]