

The 2025 Economic Outlook for Manufacturing Technology
5 snips Jan 7, 2025
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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.
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.
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.