WOODWORKING TECHNOLOGY: CONTRACTION ENDURES

The woodworking and furniture technology business is still waiting for a change of the economic scenario. The current phase of reducing orders has been going on for nine quarters and is certainly the most apparent consequence of the formidable growth recorded by this industry and the economy in general in the post-pandemic two-year period. This abrupt return to normal has pushed the indexes back to pre-pandemic levels, and so far, no signs of improvement can be seen. 

“We must not surrender to pessimism, as the values are remaining at significant levels”, said Dario Corbetta, director of Acimall, the association of Italian manufacturers. “For sure, the international situation is not supporting companies with an optimistic outlook that would encourage them to reconsider investments in instrumental goods, but the Italian industry remains an excellence of the national offer”.

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