US Manufacturing Resurgence Signals Renewed Strength in Industrial Innovation and Economic Growth
The U.S. manufacturing industry – the world’s second largest and a global leader in advanced manufacturing – grows stronger through new opportunities, legislation, and technological innovations. These drivers converge at IMTS 2026, Sept. 14-19 in Chicago.
US Machinery Orders Slow From August, Remain Elevated in September 2025
New orders of metalworking machinery totaled $493.1 million in September 2025, a 7.2% decline from August 2025 but an 11% increase from September 2024. Orders through September totaled $3.93 billion, a 17.3% increase over the first three quarters of 2024.
Fed Delivers Second Rate Cut Despite Limited Economic Data
In a move widely telegraphed since the last meeting, the Federal Reserve cut the federal funds rate for the second consecutive meeting, landing at a target range of 3.75% to 4.00%.
August 2025 US Cutting Tool Orders Total $210.6M, Down 1.8% From August 2024
Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $210.6 million in August 2025, decreasing 2.7% from July 2025 and 1.8% from August 2024. Year-to-date shipments totaled $1.66 billion, down 2.7% from the same period in 2024.
Machinery Orders Show Resilience in August Despite Mounting Headwinds
New orders of metalworking machinery, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, totaled $529.4 million in August 2025.
July 2025 US Cutting Tool Orders Total $216.2M, Up 9.8% From July 2024
Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $216.2 million in July 2025. Orders increased 4.9% from June 2025 and 9.8% from July 2024. Year-to-date shipments totaled $1.45 billion, down 2.9% from the same period in 2024.
Amid Growing Business Investment, Fed Makes First Cut of 2025
The Federal Reserve cut the federal funds rate for the first time this year to a target range of 4% to 4.25%. Additionally, GDP growth projections increased to 1.6%, while unemployment and inflation expectations remained at 4.5% and 3%, respectively.
Economic Momentum and Technology Advances Build Excitement for IMTS 2026
The foundations for a stronger business climate, the latest advances in manufacturing technology, and the accelerated growth of industrial AI, automation, additive, software, and digital technologies are converging to build excitement for IMTS 2026.
Machinery Orders Dip Against Stronger Year-Over-Year Gains
New orders of metalworking machinery totaled $387.3 million in July 2025, a 9.5% decrease from June 2025 but a 20.1% increase from July 2024. Machinery orders placed through July 2025 totaled $2.91 billion, up 14.4% over the first seven months of 2024.
Fed Indicates Rate Cuts; Will Manufacturing Technology See Investment?
Today at the Jackson Hole Economic Symposium, the Federal Reserve gave the strongest indication to date that an interest rate cut is in the cards for September. Will manufacturers, who face a tight labor market, increase technology investments?