MILAN, Italy — November 2016 — The orders index for textile machinery recorded an increase for the third quarter of 2016, thanks to positive sales figures abroad. Based on an industry survey conducted by the Association of Italian Textile Machinery Manufacturers (ACIMIT) for the period from July to September 2016 the overall order intake increased by 16 percent compared to the same period last year. The third quarter value for 2016 stood at 101.1 points (2010 basis = 100).
However, this growth applied to foreign markets only, where the index recorded an absolute value of 112.3 points (up 20 percent compared to the period from July-September 2015). In Italy, the index stood at 48 points, dropping off by 14 percent over the same quarter in 2015.