State of the Industry Report: Italian Machine Tool Industry 2016 & 2017: 2016 was Strong with 2017 to be Even Stronger

Fifth among manufacturing countries, after the revision of the time-series data carried out by the US association, Italy confirmed its third place among exporters and gained one position in the consumption ranking, where it came in fifth, as a testimony to the liveliness of its domestic demand. The positive trend reported since 2014 will continue throughout 2017 - the year in which production, export and consumption will grow, also supported by the measures of the National Plan Industry 4.0 – and it will drive both the deliveries of manufacturers in the domestic market and imports. No other