Shipments of cutting tools totaled $250.1 million in October, up 12.7% from September 2025 and 14.7% from October 2024. Year-to-date shipments trended positively for the first time this year, totaling $2.13 billion, up 0.6% from the same period in 2024.
AMT captured 12 international creative awards for its marketing and original video content. Honors included one Marketing Genius Award from Trade Show Executive magazine for IMTS, eight NYX Video Awards for IMTS+, and three NYX Marcom Awards.
After ploughing through an extended drought of official statistics because of the government shutdown, the Federal Reserve cut interest rates by a quarter point for the third consecutive meeting, landing at a target range of 3.5% to 3.75%.
New orders of metalworking machinery, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, totaled $538.9 million in October 2025.
For a view of the STEM classroom of the future and to learn about careers available today, educators, school administrators, students, and parents can visit the Smartforce Student Summit at IMTS 2024, which runs Sept. 9-14 at Chicago’s McCormick Place.
Shipments of cutting tools totaled $222 million for the United States in September 2025. Orders increased 5.3% from August 2025 and 14.7% from September 2024. Year-to-date shipments totaled $1.88 billion, down 1.1% from the same period in 2024.
The U.S. manufacturing industry – the world’s second largest and a global leader in advanced manufacturing – grows stronger through new opportunities, legislation, and technological innovations. These drivers converge at IMTS 2026, Sept. 14-19 in Chicago.
New orders of metalworking machinery totaled $493.1 million in September 2025, a 7.2% decline from August 2025 but an 11% increase from September 2024. Orders through September totaled $3.93 billion, a 17.3% increase over the first three quarters of 2024.
In a move widely telegraphed since the last meeting, the Federal Reserve cut the federal funds rate for the second consecutive meeting, landing at a target range of 3.75% to 4.00%.
Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $210.6 million in August 2025, decreasing 2.7% from July 2025 and 1.8% from August 2024. Year-to-date shipments totaled $1.66 billion, down 2.7% from the same period in 2024.