Fed Holds Rates Steady Amid Rising Energy Prices
The Federal Reserve kept interest rates steady today at a target range of 3.5%-3.75% in a move that was widely anticipated by financial markets. The quarterly summary of economic projections showed that both growth and inflation was higher than expected.
January 2026 US Cutting Tool Shipments Totaled $220.7M, Up 9.9% From January 2025
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.
MT Orders Predictably Decline in January After Historic 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.
December 2025 US Cutting Tool Shipments Totaled $215M, Up 17.1% From December 2024
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.
Investment Continues To Drive Economy Despite Pullback in Other Areas
The first estimate of gross domestic product for the fourth quarter of 2025 showed the U.S. economy growing at a 1.4% real annualized rate, driven by declines in government spending and exports, coupled with a deceleration of consumer spending.
Women in Manufacturing and AMT Announce Partnership To Host ELEVATE Conference at IMTS 2026
AMT has joined forces with WiM to strengthen and advance the manufacturing technology community. The organizations will coproduce IMTS ELEVATE, a half-day conference and networking reception at IMTS 2026, Sept. 14-19, at McCormick Place in Chicago.
Manufacturing Technology Orders Set Record in December 2025
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.
Visitor Hotel Reservations Now Open for IMTS 2026
IMTS has announced that visitor hotel reservations for IMTS 2026 are now open. Global Housing Solutions, powered by AMT, has contracted with 95 Chicago-area hotels to offer guaranteed rooms, the lowest rate available, no booking fees, and more.
Fed Holds Rates Steady After Strong Capital Investment From Manufacturers
In a move widely telegraphed since their last meeting, the Federal Reserve today opted to leave the benchmark interest rates steady at a target range of 3.5% to 3.75% at their first meeting of 2026.
November 2025 US Cutting Tool Orders Total $206.1M, Up 9.9% From November 2024
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.