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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.
Mexico's open economy and strong U.S. trade ties offer strategic advantages, and Brazil boasts a large and diverse market, a growing digital economy, and opportunities in agriculture and manufacturing. For more industry intel and other tidbits, read on.
Moving on from Kaizen. Foxconn flirts with Louisville. Hold my Deere. Headless but not brainless. Stars, stripes, and imported silicon.
With a much higher manufacturing PMI, India outperforms other developed and emerging markets. Key factors sustaining the country’s growth include strong private consumption and a robust service sector. For more industry intel and other tidbits, read on.
New orders of metalworking machinery totaled $444.9 million in April 2025, a 12.7% decline from March and a nearly 40% increase from April 2024. Year-to-date orders totaled $1.69 billion, a 17.8% increase over the first four months of 2024.
In the midst of the recession caused by the 2008 financial crisis, orders for metalworking machinery totaled around $95 million in Jan. 2009, the lowest level recorded. Although orders grew scarcer, businesses continued to invest in manufacturing tech.
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