Decline in the German Machine Tool Industry Q4/2019

Bild: Verein Deutscher Werkzeugmaschinenfabriken e.V.

In the fourth quarter of 2019, order intake in the German machine tool industry fell by 20% compared with the same period of the previous year. Orders from the domestic market fell by 18%. Foreign orders lost 20%. In 2019, order intake fell by 22% overall. Domestic orders were down 21% and foreign orders 22%.

Verein Deutscher Werkzeugmaschinenfabriken e.V.
http://vdw.de/auftragseingang-der-deutschen-werkzeugmaschinenindustrie-2019-enttaeuschend/

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