Machine tools recovering in the first quarter

The index of orders for machinetools in the first quarter of 2011 got an increase of 19.1percent over the same period last year, for an absolute value equal to 112.9 (2005 = 100).
It thus extends the positive trend that –  as it is clear from the data processed by Studies Centre of Ucimu-Sistemi per produrre – has five consecutive quarters of growth, confirming the recovery of investment in capital goods. Although this remains a deep furrow between the development of the internal market still stagnant, and those abroad, who has recovered brilliantly much of the ground lost in 2009.
The index of orders received in the domestic market, down by 1, 3 per cent over the same period in 2010, further demonstrates the weakness of domestic demand which appears to restart sluggish, as evidenced by the index, which stops at absolute quota 69.2.
On the contrary, the feedback received by the Italian manufacturers in foreign markets is satisfactory as shown by the index of orders receivedabroad, up 32.7percent over the same period in 2010, has reached absolute value of 141.9 , returning to levels closer to the record made ​​in 2007.
Analysis of the data processed by Centre Studies from the Istat surveys, it results clearly the heterogeneity of the markets of the Italian industry.
In particular, in 2010, China has jumped to the top of the list of “made in Italy” areas, acquiring 14.2 percent of total exports by the Italian industry. Followed by Germany (10.5%), United States (5.8%), India (5.6%), France (5.6%), Russia (4.8%), Brazil (4.7% ). In the first seven places are present all Bric countries.