Engineering assoc WDMA release July machine orders
- Total orders +18.0% vs -4% prior y/y
- Domestic +43% vs 7% prior
- Export +5% vs -9% prior
It smells of a one off and VDMA chief economist notes an "unusually large volume of orders from Germany and Eurozone" That 51% jump was offset by an over 9% decline from non-EZ states
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