Association for Manufacturing Technology

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Monthly Machining Unit Orders Dip, but Value Has Long-Awaited YoY Rise

The number of November orders fell 12.8 percent from October, but their value was up year-over-year for the first time since January 2019.

Despite Solid October Gain, US Cutting Tool Orders Still Down 22% YoY

The president of the US Cutting Tool Institute said October's results show that "at least the bleeding has stopped."

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US Metalworking Machinery Orders' Year-Over-Year Gap Continues to Narrow

October orders for manufacturing technology were down 20 percent year-over-year, but that's a major improvement from this past Spring.

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September US Cutting Tool Orders Up 15% From August, Sparking Optimism

Though still down 20 percent year-over-year, the market's continued recovery has been far better than anticipated during the spring.

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US Metalworking Orders Jump Month-to-Month; Still Well Below 2019

Metal cutting, forming and fabricating orders had a large jump from August but is still pacing weak year-over-year.

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August US Cutting Tool Orders Down 33.5% YoY

Though down only 0.2 percent from July, consultants say orders appear to have found a bottom in August.

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August Metal Cutting Orders Down 13% From July

Though month-to-month and year-to-date orders are down considerably, AMT notes the decrease is less than half of analysts' predictions in May.

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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.