Automotive Market
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Intelligence
Sep 20, 2024
July 2024 US Cutting Tool Orders Total $191.8 Million, Up 2.5% Year-to-Date
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and the U.S. Cutting Tool Institute, totaled $191.8 million in July 2024. Orders decreased 7.8% from June 2024 but were up 1.7% from July 2023.
International
Sep 04, 2024
International News From the Field: Europe
Europe’s mixed economic landscape presents challenges and cautious optimism. The European industry exhibits mixed feelings but remains robust with opportunities across various industrial sectors. For more industry intel and other tidbits, read on.
Intelligence
Aug 14, 2024
US Cutting Tool Orders Totaled $208.1 Million in June 2024, Narrowing Year-to-Date Gains to 2.6%
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, were $208.1 million in June 2024, bringing the year-to-date total to $1.27 billion, up 2.6% compared to the first six months of 2023.
International
Jul 30, 2024
International News From the Field: Europe
Despite global and regional instability, Europe’s manufacturing technology industry sees growth thanks to machine tool exports and investments in the automotive, defense, and electronics sectors. For more industry insights and other tidbits, read on.
Intelligence
Jul 10, 2024
US Cutting Tool Orders Totaled $214.4 Million in May 2024, Raising the Year-to-Date Total 4% Over 2023
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), were $214.4 million in May 2024.
International
Jul 02, 2024
International News From the Field: Europe
Well known for small city cars, sports, and supercars, the Italian automotive industry shows strong innovation as it consolidates its position as a key driver of economic recovery in Europe. For more industry intel and other tidbits, read on.
Intelligence
Jun 12, 2024
US Cutting Tool Orders Totaled $214.7 Million in April 2024, Raising Year-to-Date Total Nearly 5% Over 2023
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), reached $214.7 million in April 2024.
International
May 24, 2024
International News From the Field: Europe
Numerous investments and initiatives in Europe’s railway industry will sustain production for years to come. Spain’s automotive industry and the U.K.’s nuclear power sector see significant developments. For more industry intel and other tidbits, read on.
Advocacy
May 21, 2024
Science and Manufacturing Tech News From Washington
Recently, the Biden Administration announced several science and technology initiatives centered on key digital technologies and manufacturing. Get the latest updates on how digital twin, AI, semiconductor manufacturing, and EV production will be affected.
Intelligence
May 20, 2024
US Cutting Tool Orders Totaled $212.4 Million in March 2024, Bringing the Year-to-Date Total Up 2% From 2023
March 2024 U.S. cutting tool consumption totaled $212.4 million, according to USCTI and AMT. This total, reported by the Cutting Tool Market Report, was down 1.1% from February’s $214.6 million and down 5.8% from the $225.6 million reported in March 2023.
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