EDA: Machine tool equipment sales had a strong finish in 2016
According to newly released figures by industry analyst EDA, new machine tool equipment sales jumped from 1,288 units in November 2016 to 1,744 in December—its highest number of the year and just slightly under 2015's highest monthly number of 1,825 units, also in December. Used machine tool equipment sales also jumped at the end of 2016, from 762 units in November to 1,241 in December. That's still well below its 2015 peak month of 1,637 units sold in October of that year.