Rollercoaster figures for mechanical engineering, says industry group

Posted on 19 Jul 2012 by Chris Flynn

Figures from the Engineering and Machinery Alliance reveal that while employment in mechanical engineering companies has risen, orders and investment are beginning to fall.

The EAMA’s Monthly Business Monitor (MBM) reported that 52% of mechanical engineering companies recorded lower orders in June than in May, when the figure was 21%. This is the first time since August 2011 that the percentage of companies recording a lower amount of orders than the previous month has risen above 33%. The MBM…

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