The figures for July-September 2020 clearly reflect what’s happening in this key segment of the Italian mechanical engineering industry. In general, the orders of machinery and tools for wood and furniture are recording a decreasing trend below expectations, which indicates a partial improvement of the economic situation compared to the previous quarters, strongly impacted by the lockdown.
For the third quarter of 2014, orders for Italian textile machinery manufacturers grew compared to the previous quarter. Economic data from industry surveys conducted by ACIMIT, representing the textile machinery sector, indicate a 4% increase. The value of the orders index for the period from July to September came in at 89.8 points (basis 2010=100).