June 2026 US Cutting Tool Shipments Totaled $270.5M, Up 31.7% From June 2025
Shipments of cutting tools totaled $270.5 million in June 2026. The value of shipments increased 12.8% from May 2026 and was up 31.7% from June 2025. Year-to-date shipments totaled $1.47 billion, up 19.3% from the same period in 2025.
Overall Industrial Output Boosted by Industrial and Military Equipment
Total U.S. industrial production increased 0.2% in July 2026, a slight slowdown from the 0.3% growth in June. While the production of consumer goods contracted in July, it was offset by the rise in industrial equipment, space, and defense production.
2026 Manufacturing Technology Orders Set Half-Year Record
New orders of metalworking machinery totaled $672.7 million in June 2026, increasing 15.6% from May 2026 and 56.8% from June 2025. In the first half of 2026, orders totaled $3.44 billion, the strongest half-year since USMTO began collecting data in 1998.
Demand for Manufacturing Technology Should Continue Despite GDP Miss
Real U.S. economic output increased at an annualized rate of 1.5% in the second quarter of 2026, according to the advanced estimate issued today by the Bureau of Economic Analysis. This was below expectations after the previous quarter grew at 2.1%
Absent Forward Guidance Leaves Markets Guessing After Fed Rate Decision
The Federal Reserve announced today that interest rates will remain steady at a target range of 3.5% to 3.75%. An aggressive statement against inflation from Fed Chair Kevin Warsh in the prior meeting led markets to anticipate two rate increases in 2026.
Industrial Measures Remain Steady Amid Growing Machinery Investment
U.S. industrial production was flat in June 2026 compared to May 2026, but 1.1% above June 2025, according to the latest report from the Federal Reserve. Capacity utilization dipped slightly to a level 3.3 percentage points below the long-run average.
IMTS 2026 Spotlights the Technologies Powering Manufacturing’s Next Leap
With U.S. manufacturing orders, output, and productivity rising, IMTS 2026 gives manufacturers a firsthand look at the industrial AI, automation, additive, and digital technologies reshaping production.
$583.4M in New Machinery Orders Highlight US Economic Strengths
New orders of metalworking machinery totaled $583.4 million in May 2026, a 1.8% decline from April 2026, but a 47.8% increase over May 2025. Over the first five months of 2026, manufacturing technology orders totaled $2.77 billion, 31.9% over 2025.
May 2026 US Cutting Tool Shipments Totaled $239.8M; Year to Date Up 16.8% From 2025
Shipments of cutting tools totaled $239.8 million in May 2026. The value of shipments decreased 7.4% from April 2026 but was up 15.2% from May 2025. Year-to-date shipments totaled $1.2 billion, up 16.8% from the same period in 2025.
April 2026 US Cutting Tool Shipments Totaled $258.9M, Up 21.1% From April 2025
Shipments of cutting tools totaled $258.9 million in April 2026. The value of shipments decreased 0.1% from March 2026 but was up 21.1% from April 2025. Unit shipments decreased slightly in April after rising the previous two months.