New orders of metalworking machinery totaled $441.4 million in January 2026, a decline of 45.8% from December 2025’s record high and an increase of 24.4% over January 2025. The number of units ordered fell to the lowest level since July 2024.
Shipments of cutting tools totaled $215 million in December 2025, according to USCTI and AMT, an increase of 4.3% from November 2025 and 17.1% from December 2024. For full-year 2025, shipments totaled $2.56 billion, up 2.5% from 2024.
The first estimate of gross domestic product for the fourth quarter of 2025 showed the U.S. economy growing at a 1.4% real annualized rate, driven by declines in government spending and exports, coupled with a deceleration of consumer spending.
AMT has joined forces with WiM to strengthen and advance the manufacturing technology community. The organizations will coproduce IMTS ELEVATE, a half-day conference and networking reception at IMTS 2026, Sept. 14-19, at McCormick Place in Chicago.
New orders of metalworking machinery hit a record level in December 2025, reaching $814.3 million, 86.7% over November 2025 and 59.9% over December 2024. The value of orders placed in 2025 totaled $5.74 billion, 22.5% above orders placed in 2024.
IMTS has announced that visitor hotel reservations for IMTS 2026 are now open. Global Housing Solutions, powered by AMT, has contracted with 95 Chicago-area hotels to offer guaranteed rooms, the lowest rate available, no booking fees, and more.
In a move widely telegraphed since their last meeting, the Federal Reserve today opted to leave the benchmark interest rates steady at a target range of 3.5% to 3.75% at their first meeting of 2026.
Shipments of cutting tools totaled $206.1 million in November 2025. Orders decreased 17.6% from October 2025 but were up 9.9% from November 2024. Year-to-date shipments totaled $2.34 billion, up 1.3% from the same period in 2024.
New orders of metalworking machinery totaled $437.9 million in November 2025. This represented a 19.6% decrease from October and nearly equaled the orders in November 2024. Orders through November 2025 have increased 17.8% over the first 11 months of 2024.
Manufacturing technology executives from across the industry will gather in Fort Lauderdale, Florida, for The MFG Meeting on March 10-12. This annual meeting focuses on the technology trends driving modern manufacturing and how industry leaders can adapt.