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US Cutting Tool Institute
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Today in Manufacturing Podcast
Today in Manufacturing has a new podcast brought to you by the editors of Industrial Media. In each episode, we discuss the five biggest stories in manufacturing, and the implications they have on the industry moving forward.
Economy
U.S. Cutting Tool Orders Fall Month-to-Month, Jump Year-Over-Year
Orders have trended upward since hitting the bottom in August 2020 but have not seen a consistent month-to-month rise.
Economy
September Cutting Tool Orders Decelerate, but Still Up 11% From 2020
Shipments still remain below their 2019 levels.
Economy
June Cutting Tool Orders Up 7.1% From May, 20.5% YoY
The 12-month moving average improvement is in a healthy range.
Economy
April Cutting Tool Orders Jump 26% Year-Over-Year, Down 4% From March
Year-to-date orders were down 6.4 percent through April.
Economy
Cutting Tool Orders Continue Slow Recovery Through Early 2021
Supply chain challenges, reluctance in a portion of the workforce to return and rising material prices were cited as possible drags on the market.
Economy
US Cutting Tool Consumption Sunk 22% in 2020
Orders picked up steadily after bottoming out at down 36 percent year-over-year in May, but still have a long way to go to comparative breakeven.
Economy
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.
Economy
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.
Economy
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.”
Economy
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.
Economy
May US Cutting Tool Orders Down 36% YoY
AMT's Cutting Tool chairman says estimating when recovery will arrive is still anyone's guess.