Automotive Market
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Intelligence
By Christopher ChidzikJun 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.

3m read
International
By Conchi ArangurenMay 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.

5m read
Advocacy
By Amber ThomasMay 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.

4m read
Intelligence
By Christopher ChidzikMay 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.

3m read
Intelligence
By Christopher ChidzikApr 29, 2024

Choppy Waters or Smooth Sailing? Find Out at the Spring Economic Webinar

The speakers at AMT’s upcoming Spring Economic Webinar will break down how recent developments on the global stage, including military conflicts, inflation, and more, could impact orders of manufacturing technology and your business. Don't miss it.

5m read
International
By Conchi ArangurenApr 19, 2024

International News From the Field: Europe

European defense initiatives and industrial expansion are booming and are now driving the economy of the old continent, especially in Poland. Spain sees big investments in automotive and aerospace. For more industry intel and other tidbits, read on.

5m read
Intelligence
By Christopher ChidzikApr 18, 2024

US Cutting Tool Orders Totaled $214.6 Million in February 2024, Bringing the Year-Over-Year Total Up 9% From February 2023

February 2024 U.S. cutting tool consumption totaled $214.6 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

3m read
International
By Conchi ArangurenMar 14, 2024

International News From the Field: Europe

Europe's manufacturing sector faces declining domestic orders, geopolitical tensions, increased exports, and opportunities in the battery market. A very dynamic scenario is ahead for the old continent. For more industry intel and other tidbits, read on.

5m read
Intelligence
By Christopher ChidzikMar 13, 2024

US Cutting Tool Orders Totaled $204.5 Million in January 2024, Bringing the Month-Over-Month Total Up 9.1% From December 2023

January 2024 U.S. cutting tool consumption totaled $204.5 million, according to USCTI and AMT. This total was up 9.1% from December’s $187.5 million and up 4.1% when compared with the $196.5 million reported for January 2023.

3m read
Intelligence
By Christopher ChidzikMar 11, 2024

Honest Planning and Soft Landings: Highlights From AMT’s 2024 Winter Economic Forum

At the AMT Winter Economic Forum, economists predicted the upcoming year will feature several opportunities for manufacturers as the economy comes in for a soft landing, including 8% growth in manufacturing technology orders. Is your company ready?

5m read