February 2025 US Cutting Tool Orders Total $198.6M, Down 0.7% From January
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $198.6 million in February 2025. Orders decreased 0.7% from January 2025 and were down 9.2% from February 2024.
Manufacturing Machinery Orders Increase in February 2025
New orders of metalworking machinery totaled $389.9 million in February 2025, a 9.9% increase from January and a 12.5% increase from February 2024.
January 2025 US Cutting Tool Orders Hit $199.9M, Up 9.2% From December
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $199.9 million in January 2025. Orders increased 9.2% from December 2024 but were down 4.1% from January 2024.
Manufacturing Technology Orders Post Strongest January Since 2022
Orders of manufacturing technology totaled $357.3 million in January 2025, down 29.8% from December but up 5.7% from January 2024. While the order value was 16.2% higher than an average January, the units ordered were the lowest for any January since 2016.
December 2024 US Cutting Tool Orders Total $179.5 Million, Down 0.6% Year to Date From 2023
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $179.5 million in December 2024, down 2% from November 2024. Shipments totaled $2.43 billion for 2024, down 0.6% from 2023.
Manufacturing Technology Orders Fall for 3rd Year; Beat Expectations
Orders of manufacturing technology, measured by the USMTO report published by AMT, totaled $513.8 million in December 2024, the highest level since March 2023. This showed an increase of 15% from November 2024 and was 5.4% behind December 2023.
Emerging Technology: Accelerators and Barriers
Factors like reshoring and the expansion of the defense, medical, and space sectors drive manufacturing's adoption of emerging technologies like automation, additive manufacturing, generative AI, and digital twins. What are the barriers – or accelerators?
Powering Technology and Human Progress
Just as early humans’ original tools were constrained by their power sources, today’s modern technological advances are limited by their access to sufficient and reliable supplies of electricity.
November 2024 US Cutting Tool Orders Total $183.1 Million, Down 0.3% Year-to-Date From 2023
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $183.1 million in November 2024. Orders decreased 13.8% from October 2024 and were down 9.7% from November 2023.
Reshore to Reduce the Risk of Retaliation from China
Could reshoring reduce the risk of retaliatory tariffs from China and mitigate geopolitical risks? Explore how U.S. manufacturers can enhance supply chain resilience, safeguard against global conflicts, and capitalize on new business opportunities.