October 2024 US Cutting Tool Orders Total $212.5 Million, Up 12.6% From September 2024
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled by AMT and USCTI, totaled $212.5 million in October 2024, a 12.6% increase from September 2024 but down 0.2% from October 2023. Year-to-date shipments totaled $2.07 billion.
IMTS 2024: Where Technology and Community Inspired the Extraordinary
IMTS 2024 brought the manufacturing technology community together for six exhilarating days filled with opportunities to explore new solutions and build meaningful connections.
September 2024 US Cutting Tool Orders Total $188.7 Million, Up 0.7% Year-to-Date
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $188.7 million in September 2024. Orders decreased 10% from August 2024 and were down 6.3% from September 2023.
International News From the Field: Europe
Despite signs of improvement in recent months, Europe still faces both short- and long-term challenges. Will the region remain a valuable diversifier for businesses? Current investments suggest it will. For more industry intel and other tidbits, read on.
International News From the Field: Europe
Europe is struggling, particularly economic powerhouses Germany and France, as the continent's PMI remains below 50. However, there are opportunities in sectors like those related to clean energy. For more industry intel and other tidbits, read on.
August 2024 US Cutting Tool Orders Total $209.3 Million, Up 9.1% From July 2024
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $209.3 million in August 2024. Orders increased 9.1% from July 2024 but were down 4.5% from August 2023.
July 2024 US Cutting Tool Orders Total $191.8 Million, Up 2.5% Year-to-Date
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and the U.S. Cutting Tool Institute, totaled $191.8 million in July 2024. Orders decreased 7.8% from June 2024 but were up 1.7% from July 2023.
International News From the Field: Europe
Europe’s mixed economic landscape presents challenges and cautious optimism. The European industry exhibits mixed feelings but remains robust with opportunities across various industrial sectors. For more industry intel and other tidbits, read on.
US Cutting Tool Orders Totaled $208.1 Million in June 2024, Narrowing Year-to-Date Gains to 2.6%
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, were $208.1 million in June 2024, bringing the year-to-date total to $1.27 billion, up 2.6% compared to the first six months of 2023.
International News From the Field: Europe
Despite global and regional instability, Europe’s manufacturing technology industry sees growth thanks to machine tool exports and investments in the automotive, defense, and electronics sectors. For more industry insights and other tidbits, read on.