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CECIMO STATISTICAL TOOLBOX
The Machine tool industry is very cyclical. To help its members forecast their future activity, CECIMO has developed a tool box, which is updated every month that is comprised of some macro economic indicators that have a strong correlation (over 75%) with orders of machine tools. Besides, CECIMO has created the MT-IX, a monthly index made of the historical series of the market capitalizations of 24 machine tool companies (12 European and 12 non European). CECIMO also tracks quarterly trends in terms of orders and external trade (exports and imports) of machine tools in CECIMO and other large manufacturing countries.
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