The Federal Reserve held the federal funds rate steady at a target range of 4.25% to 4.5% for the fifth meeting in a row. For the first time since December 1993, two members of the committee dissented.
Today, the U.S. Bureau of Economic Analysis released their advanced estimates of gross domestic product (GDP) for the second quarter of 2025. Real GDP increased by 3.0% on an annualized basis, driven by a sharp reduction in imports.
No crystal ball? No problem. From sushi to shop floor. NASA's supersonic jet tiptoes toward takeoff. Finally, some rules. Using math to fix it before it breaks.
New bills, new policies, and new possibilities – get your bearings at MTForecast on Oct. 15-17! Top economists and industry experts will cut through the noise and deliver focused insights on the key drivers shaping manufacturing markets into 2026.
New orders of metalworking machinery totaled $392.7 million in May 2025, an 11.8% decline from April 2025 and a 2.7% increase from May 2024. 2025 orders placed through May totaled $2.09 billion, a 15% increase over the first five months of 2024.
The Distribution Summit returns; MTForecast preview; Mexico and Brazil attract global interest; Manufacturing technology orders through May 2025 are up; and more.
Modern manufacturing on the race track; Tariff impacts on manufacturing technology; The real speed of machines; DED evolves; And more.
The Federal Reserve held the federal funds rate steady at a target range of 4.25%-4.5% for the fourth meeting in a row, citing the need to keep policy rates modestly restrictive to address a meaningful amount of inflation projected over the coming months.
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled by AMT and USCTI, totaled $212.8 million in April 2025. Orders increased 2.7% from March 2025 but were down 2.8% from April 2024. Year-to-date shipments totaled $818.3 million.
Applying his broad capabilities to drive strategic growth, Mike DiFranco, AMT’s new Vice President of Sales, will connect with—and deliver for—AMT members and the larger manufacturing industry.