Machinery Overview

April 2002
U.S. Industry Quarterly Review: Machinery & Equipment;2002 2nd Quarter, p75
Industry Profile
Industry Overview
This article presents information on machinery and equipment industry in the United States. After the recession in the U.S. market in the year 2001, during the first half of 2002, there have been some signs of life on the investment front, but by and large, spending on new machinery and equipment remains a backburner issue for most of Corporate America. Final demand is growing but at a pretty modest pace. Operating rates are improving, though they remain well below levels that produce capacity expansion. New technologies are stimulating some investment, but this is more than counterbalanced by the implosion in Internet and telecommunication companies.


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