State of the Industry Report 2016: Italian Textile Machinery in 2016 Closes with Growth in New Orders

The orders index for textile machinery compiled by ACIMIT, the Association Italian Textile Machinery Manufacturers, for the period from October to December 2016 rose by 5%, compared to the same period for the previous year. This growth affected both the foreign markets, where the index registered an absolute value of 5% and Italy. In this case, the increase compared to the period from October to December 2015 was 16%. On an annual basis, and compared to 2015, the index registered an average increase of 4%. Domestic sales were up significantly, rising by fully 14%, confirming the vigour of the