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Invest in the Future With Order Automation
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More from US Cutting Tool Institute
Invest in the Future With Order Automation
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Invest in the Future With Order Automation
It is estimated that businesses in manufacturing and distribution will face a gap of 2.4 million open jobs by 2028. This survey report covers what businesses can do to prepare for a recession, how to think about recruiting Gen Z, automating necessary processes, and more.
September 29, 2023
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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.
January 13, 2022
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Economy
September Cutting Tool Orders Decelerate, but Still Up 11% From 2020
Shipments still remain below their 2019 levels.
December 1, 2021
Cutting Tools
Economy
June Cutting Tool Orders Up 7.1% From May, 20.5% YoY
The 12-month moving average improvement is in a healthy range.
August 23, 2021
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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.
June 10, 2021
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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.
May 12, 2021
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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.
February 17, 2021
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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.
November 17, 2020
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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.
October 21, 2020
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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.”
September 17, 2020
Cutting Tools
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.
August 12, 2020
I Stock 1170244808
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.
July 20, 2020
Cutting Tool Asdf
Economy
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.
May 18, 2020