

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.
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.
Shipments of cutting tools totaled $220.7 million in January 2026, increasing 2.7% from December 2025 and 9.9% from January 2025. While the dollar value of shipments increased in January, the number of units shipped decreased slightly from December.
New orders of metalworking machinery totaled $441.4 million in January 2026, a decline of 45.8% from December 2025’s record high and an increase of 24.4% over January 2025. The number of units ordered fell to the lowest level since July 2024.
AMT’s Winter Economic Forum explored the current state of manufacturing, where order values hit record highs but the numbers of units per order have not. Read the recap, learn the prospects ahead, and discover the business opportunities with industrial AI.
Shipments of cutting tools totaled $215 million in December 2025, according to USCTI and AMT, an increase of 4.3% from November 2025 and 17.1% from December 2024. For full-year 2025, shipments totaled $2.56 billion, up 2.5% from 2024.
New orders of metalworking machinery hit a record level in December 2025, reaching $814.3 million, 86.7% over November 2025 and 59.9% over December 2024. The value of orders placed in 2025 totaled $5.74 billion, 22.5% above orders placed in 2024.
This article will showcase how AMT research services can provide members with concise, relevant, and timely industry updates when the next MTForecast conference is months away.
Shipments of cutting tools totaled $206.1 million in November 2025. Orders decreased 17.6% from October 2025 but were up 9.9% from November 2024. Year-to-date shipments totaled $2.34 billion, up 1.3% from the same period in 2024.