Great Question: A Manufacturing Podcast

The 2025 Economic Outlook for Manufacturing Technology

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Jan 7, 2025
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INSIGHT

Soft Landing Achieved

  • The manufacturing economy achieved a soft landing, with production levels plateauing at a high level.
  • Consumer demand and government investment remain strong, contributing to this stability.
INSIGHT

Steady Machine Tool Demand

  • Machine tool demand has been steady, at historical averages, with a possible pent-up demand.
  • The buying process has extended, with a focus on quality and precision over capacity.
ANECDOTE

IMTS 2024 Order Spike

  • The September 2024 IMTS orders were impressive, reaching $450 million, exceeding the average.
  • This face-to-face interaction may speed up the order cycle compared to underlying demand.
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