U.S. machine tool orders fell in February as a strong U.S. dollar and weak global demand continued to freeze capital equipment investments, although there were some signs of thawing.U.S. orders for metal cutting, metal forming and metal fabricating machines were valued at $270.92 million in February, according to preliminary data from the McLean, Va.-based Association for Manufacturing Technology (AMT). That's down 5.1 percent from $285.51 million the previous month and off 12.8 percent from $310.74 million in February 2015.
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