AMT and Gardner Business Media Announce Evolution of MT United Commercial Agreement
AMT will transition IMTS and AMT product sales functions in-house while both organizations explore new ways to collaborate and serve the manufacturing community.
March 2026 US Cutting Tool Shipments Totaled $259.3M, Up 24.6% From March 2025
Shipments of cutting tools totaled $259.3 million in March 2026, increasing 15.2% from February 2026 and 24.6% from March 2025. Year-to-date shipments totaled $705.1 million, up 15.9% from the same period in 2025.
Improving Industrial Measures Point to Sustained Manufacturing Technology Demand
U.S. industrial production increased in April 2026 to the highest level since 2019, according to the latest report from the Board of Governors of the Federal Reserve System. Capacity utilization increased by 0.4 percentage points from March 2026.
Machinery Orders Continue Rally in Q1 2026 Despite Uncertainty From Iran War
New orders of metalworking machinery totaled $681.3 million in March 2026, increasing 40.3% from February 2026 and 31.5% from March 2025. Manufacturing technology orders totaled $1.61 billion for the first quarter of 2026, up 27.8% year over year.
GDP Rebounds as Manufacturing Technology Orders Grow
After a significant pullback in economic output at the end of 2025, gross domestic product (GDP) rebounded nearly back to trend growth in the first quarter of 2026, according to the first estimate published today by the Bureau of Economic Analysis.
Fed Holds Interest Rates Steady
In what is likely Jerome Powell’s last meeting as chair of the Federal Reserve, the committee opted to leave the benchmark interest rates steady at a target range of 3.5% to 3.75% at their first meeting of 2026.
Industrial Measures Fall in March 2026
U.S. industrial production decreased in March 2026 after a strong uptick in February, according to the latest report issued by the Board of Governors of the Federal Reserve System.
February 2026 US Cutting Tool Shipments Totaled $225.1M, Up 12.8% From February 2025
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.
Momentum of Late-2025 Machinery Demand Carries Into the First 2 Months of 2026
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.
IMTS 2026 Showcases Foundational Technologies
IMTS 2026 offers the Western Hemisphere’s largest exhibition of machine tools, featuring the world’s leading providers of CNCs for milling, turning, grinding, drilling, tapping, facing, gear-cutting, and more in its technology sectors.