Shipments of cutting tools totaled $270.5 million in June 2026. The value of shipments increased 12.8% from May 2026 and was up 31.7% from June 2025. Year-to-date shipments totaled $1.47 billion, up 19.3% from the same period in 2025.
Total U.S. industrial production increased 0.2% in July 2026, a slight slowdown from the 0.3% growth in June. While the production of consumer goods contracted in July, it was offset by the rise in industrial equipment, space, and defense production.
See the economic signals shaping manufacturing now and prepare for a deeper look at what’s next at MTForecast.
New orders of metalworking machinery totaled $672.7 million in June 2026, increasing 15.6% from May 2026 and 56.8% from June 2025. In the first half of 2026, orders totaled $3.44 billion, the strongest half-year since USMTO began collecting data in 1998.
Discover practical sales strategies from AMT's D25 Summit, including expert insights on leadership, data, AI, and relationship-building to help manufacturing distributors grow their business.
Real U.S. economic output increased at an annualized rate of 1.5% in the second quarter of 2026, according to the advanced estimate issued today by the Bureau of Economic Analysis. This was below expectations after the previous quarter grew at 2.1%
The Federal Reserve announced today that interest rates will remain steady at a target range of 3.5% to 3.75%. An aggressive statement against inflation from Fed Chair Kevin Warsh in the prior meeting led markets to anticipate two rate increases in 2026.
AMT’s Summer Economic Forum highlighted manufacturing demand, growth opportunities, and key risks ahead of MTForecast 2026, Oct. 14-16.
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