Electrochemicals Blog – EPI – Electrochemical Products Inc.

October 30th, 2009

By Eric Olander

I received my Manufacturing & Technology (www.manufacturingnews.com) update for 10/19/09 and  it shows that companies are not making new parts for various industries. In fact, to quote the article it states  we are at "depression-level" for the machine tool industry. While econmists  state the worst recession in recent memory is over some parts of the economy will take longer to recover  because of where they are in the pipline of manufacturing. It could take up to 6-12 months before some companies start to feel the new growth. An indicator of the manufacturing business climate is machine tools sales. I am not sure if manufacturing  will achieve the high levels we achieved prior to the recession. I feel that until we easy money( available credit) days return we  will not experience that high level again.

 To read more specific details on the article including a graph view this link. (Souce US  Technology Consumption Report  www.usmtc.com )

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