Chris is currently the Principal Economist at AMT – The Association for Manufacturing Technology where he examines trends in the overall economy that affect the demand for manufacturing technology. For over five years, Chris has managed surveys which compile the data necessary to get a full picture of the U.S. manufacturing landscape. Prior to AMT, Chris held varied roles in data analytics, research, sales, and marketing in an array of industries and settings. Chris holds a master’s degree in economics from The American University.
Chris is currently the Principal Economist at AMT – The Association for Manufacturing Technology where he examines trends in the overall economy that affect the demand for manufacturing technology. For over five years, Chris has managed surveys which compile the data necessary to get a full picture of the U.S. manufacturing landscape. Prior to AMT, Chris held varied roles in data analytics, research, sales, and marketing in an array of industries and settings. Chris holds a master’s degree in economics from The American University.
June 2025 US Cutting Tool Orders Total $204.1M, Down 1.8% From May
Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $204.1 million in June 2025, declining 1.8% from May 2025 and 3.9% from June 2024. Year-to-date shipments totaled $1.23 billion, a drop of 4.9% from the same period in 2024.
Machinery Orders Rise as Automation Grows, Aerospace Soars
New orders of metalworking machinery, measured by the USMTO Report from AMT, was $429.2 million in June, totaling $2.52 billion for the year, a 13.7% increase over the first half of 2024. This marked increases of 9.1% from May 2025 and 7.7% from June 2024.
Piece by Piece: How Data Reflects the Larger Market
With a robust history of data spanning nearly three decades, AMT’s statistical programs offer the most frequent, accurate, and applicable information on the manufacturing technology market.
May 2025 US Cutting Tool Orders Total $207.8M, Down 2.3% From April
Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $207.8 million in May 2025. Orders dropped 2.3% from April 2025 and 5% from May 2024. Year-to-date shipments totaled $1.03 billion, a drop of 5.1% from the same period in 2024.
Machinery Orders Slow in May While Preserving Year-Over-Year Gains
New orders of metalworking machinery totaled $392.7 million in May 2025, an 11.8% decline from April 2025 and a 2.7% increase from May 2024. 2025 orders placed through May totaled $2.09 billion, a 15% increase over the first five months of 2024.
April 2025 US Cutting Tool Orders Total $212.8M, Up 2.7% From March
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled by AMT and USCTI, totaled $212.8 million in April 2025. Orders increased 2.7% from March 2025 but were down 2.8% from April 2024. Year-to-date shipments totaled $818.3 million.
Machinery Orders Continue Upswing Despite Typical April Decline
New orders of metalworking machinery totaled $444.9 million in April 2025, a 12.7% decline from March and a nearly 40% increase from April 2024. Year-to-date orders totaled $1.69 billion, a 17.8% increase over the first four months of 2024.
Manufacturing Technology’s Resilience to Economic Headwinds
In the midst of the recession caused by the 2008 financial crisis, orders for metalworking machinery totaled around $95 million in Jan. 2009, the lowest level recorded. Although orders grew scarcer, businesses continued to invest in manufacturing tech.
March 2025 US Cutting Tool Orders Total $207.1M, Up 4.3% From February
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled by AMT and USCTI, totaled $207.1 million in March 2025. Orders increased 4.3% from February 2025, fell 4.2% from March 2024, and totaled $605.6 million year to date.
Machinery Demand Keeps Momentum Ahead of Rising Economic Uncertainty
New orders of metalworking machinery, measured by the USMTO Report published by AMT, totaled $515.8 million in March 2025, the highest monthly value since March 2023. March 2025 orders increased 33.8% from February 2025 and were up 20.5% from March 2024.