US Cutting Tool Institute

Today in Manufacturing Podcast

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.

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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.

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September Cutting Tool Orders Decelerate, but Still Up 11% From 2020

Shipments still remain below their 2019 levels.

June Cutting Tool Orders Up 7.1% From May, 20.5% YoY

The 12-month moving average improvement is in a healthy range.

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April Cutting Tool Orders Jump 26% Year-Over-Year, Down 4% From March

Year-to-date orders were down 6.4 percent through April.

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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.

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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.

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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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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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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.”

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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May US Cutting Tool Orders Down 36% YoY

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