After two years of contraction, the Metalworking Index has finally turned a corner. A recovery that started in October has reached a milestone, fueled by increased production and new orders, signaling cautious optimism for the industry.
The finishing market remained in expansion with a reading nearly identical to February.
Six consecutive months of improving results push moldmaking market further into expansion.
The index climbed nearly three points to mark first expansion reading since February 2023.
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