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DeWolf Associates provides quarterly forecasts based on orders for custom assembly and test, material removal, or material forming and joining systems reported to the U.S. Manufacturing Technology Consumption program (USMTC).
DeWolf Associates uses the cyclical forecast method which is based on year/year growth curves and their relationship to the business cycle. A year/year curve is a plot of the change in orders for the 12-month period divided by the 12 months of orders ending with the same month one year earlier, converted to a percent. The business cycle has a dominating effect on year/year curves for many industries including custom built production systems. DeWolf Associates makes this forecast by comparing the curves of a number of indicators that lead to the business cycle to CASG year/year curves. “Growth” as referred to in this report is the percent growth in the most recent 12-month period compared to the year-ago 12-month period.
Available only to AMT members who contribute data to USMTC. For more information contact Ian Stringer, Industry Analyst, at 703-827-5209 or istringer@AMTonline.org.
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