Association for Manufacturing Technology

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July US Cutting Tool Orders Down 31% Year-Over-Year

The chairman of the Association for Manufacturing Technology said, "It is clear that the climb to better sales volumes will be extended and bumpy.”

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July US Metalworking Orders Down 14% YoY

Orders, covering metal cutting, forming and fabricating, were down 1.7% from June.

June US Cutting Tool Consumption Up 10% From May

Though still down nearly 25 percent from a year earlier, the numbers are trending toward the positive.

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June Metalworking Orders Spike 56% from May

Year-over-year and year-to-date orders were still down through June, but regardless, it was quite a rebound month.

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May US Cutting Tool Orders Down 36% YoY

AMT's Cutting Tool chairman says estimating when recovery will arrive is still anyone's guess.

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Mfg. Technology Orders Hit 10-Year Low in April

In the height of pandemic business impacts, orders sunk 26 percent from March and were down a whopping 39 percent year-over-year.

Cutting Tool Asdf

March Cutting Tool Orders Tick Up from Feb.

Year-to-date orders were down 9% through March and are expected to worsen as Q2 shows the full impact of COVID-19.

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Mfg. Technology Orders Sunk in Late March

Orders were fairly robust in the first half of March before volume rapidly decelerated once stay-at-home orders took place.

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Pre-Pandemic, Feb. US Cutting Tool Consumption Fell 8.5% YoY

Economists say cutting tool shipments are set to face a challenging 2020 after a year of consolidation in 2019.

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February Mfg. Technology Orders Sink

Orders are still expected to rebound in the second half of 2020, though recovery is now expected to take longer due to effects from the pandemic.