Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $225.1 million in February 2026, increasing 2% from January 2026 and 12.8% from February 2025. Year-to-date shipments are up 11.3% from the same period in 2025.
New orders of metalworking machinery totaled $488.9 million in February 2026, increasing 10.7% over January 2026 and 27.4% over February 2025. The total order value through February 2026 has reached $930.5 million, 26% above the first two months of 2025.
The U.S. Small Business Administration announced a new “Made in America Loan Guarantee” to expand domestic manufacturing capacity. Eligible small manufacturers can use the funds to upgrade equipment, modernize facilities, expand, and reshore production.
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After the Supreme Court ruled that tariffs imposed under the IEEPA were unlawful, the Trump administration implemented a new tariff that can remain in effect for up to 150 days. While this is temporary, a new, more durable framework is taking shape.
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.
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.
In November 2025, Harry Moser presented “Made in the USA: How Main Street is Revitalizing Domestic Manufacturing” before the House Committee on Small Business, in which he discussed the state of U.S. manufacturing and how to accelerate reshoring.
The recent Supreme Court decision striking down reciprocal tariffs eliminated one key tariff pathway, but the Trump administration moved quickly to replace it, so manufacturers and importers should prepare for ongoing complexity in trade policy.
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.