

Christopher Chidzik is Principal Economist of AMT – The Association for Manufacturing Technology, where he examines trends in the overall economy that affect capital investment in the industrial sector. Since 2018, Chris has managed three statistical programs that compile the data necessary to get clearer understanding of the trajectory of U.S. manufacturing. From this proprietary data and an extensive professional network, Chirs maintains a timely awareness of the challenges and opportunities facing U.S. manufacturers. This analysis of the industrial economy is regularly shared via AMTOnline articles and industry publications, as well as presentations to a broad range of audiences. Prior to joining AMT, Chris held varied roles in data analytics, research, sales, and marketing, which contributed to his unique perspective on the industrial economy. These roles varied across industries including foreign exchange and international payments, federal policy research, and work for the first prediction market widely available in the U.S. where he analyzed transaction-level data to extract insights into the U.S. political landscape. Chris holds a master’s degree in economics from The American University.
Christopher Chidzik is Principal Economist of AMT – The Association for Manufacturing Technology, where he examines trends in the overall economy that affect capital investment in the industrial sector. Since 2018, Chris has managed three statistical programs that compile the data necessary to get clearer understanding of the trajectory of U.S. manufacturing. From this proprietary data and an extensive professional network, Chirs maintains a timely awareness of the challenges and opportunities facing U.S. manufacturers. This analysis of the industrial economy is regularly shared via AMTOnline articles and industry publications, as well as presentations to a broad range of audiences. Prior to joining AMT, Chris held varied roles in data analytics, research, sales, and marketing, which contributed to his unique perspective on the industrial economy. These roles varied across industries including foreign exchange and international payments, federal policy research, and work for the first prediction market widely available in the U.S. where he analyzed transaction-level data to extract insights into the U.S. political landscape. Chris holds a master’s degree in economics from The American University.
Shipments of cutting tools totaled $258.9 million in April 2026. The value of shipments decreased 0.1% from March 2026 but was up 21.1% from April 2025. Unit shipments decreased slightly in April after rising the previous two months.
In his first meeting at the helm, Federal Reserve Chair Kevin Warsh announced today that interest rates would remain steady at a target range of 3.5% to 3.75% in a widely anticipated move.
New orders of metalworking machinery totaled $593.6 million in April 2026, a 12.5% decline from March 2026, but a 33.2% increase from April 2025. So far this year, manufacturing technology orders have totaled $2.19 billion, a 28.9% increase over 2025.
As technologies advance and the growing need for employees goes unfilled, a shop that neglects to invest in automation will be left behind any competitor that does.
Shipments of cutting tools totaled $259.3 million in March 2026, increasing 15.2% from February 2026 and 24.6% from March 2025. Year-to-date shipments totaled $705.1 million, up 15.9% from the same period in 2025.
New orders of metalworking machinery totaled $681.3 million in March 2026, increasing 40.3% from February 2026 and 31.5% from March 2025. Manufacturing technology orders totaled $1.61 billion for the first quarter of 2026, up 27.8% year over year.
When is a wrong prediction not "wrong"? The accuracy of an outcome can overshadow the data, analysis, and process that informs a prediction. At MFG 2026, attendees explored why statistics don't mean much to the individual – but they should.
Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $225.1 million in February 2026, increasing 2% from January 2026 and 12.8% from February 2025. Year-to-date shipments are up 11.3% from the same period in 2025.
New orders of metalworking machinery totaled $488.9 million in February 2026, increasing 10.7% over January 2026 and 27.4% over February 2025. The total order value through February 2026 has reached $930.5 million, 26% above the first two months of 2025.
Since 2022, imports of additive machinery have been larger than exports by a growing multiple, reaching more than three times the exports in 2025. This pattern indicates a healthy and growing demand for additive technologies.