According to Gardner's precision machining index from November 2013, production grew for the second month in a row. Backlogs continued to contract, but the backlog index was above 40 for the second month in a row after falling below 40 the previous 5 months. Employment expanded for the first time since May. Exports continued to contract as the dollar remains relatively strong. Supplier deliveries lengthened for the fourth straight month.
To read more good news about precision machining in the economy, read Business Conditions are Improving.
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