Amber Thomas

Nov 19, 2024 | amtonline.org | Amber Thomas |Fred Qian |Bonnie Gurney |Conchi Aranguren

Despite signs of improvement in recent months, Europe still faces both short- and long-term challenges. Will the region remain a valuable diversifier for businesses? Current investments suggest it will. For more industry intel and other tidbits, read on. The European machine tool and automotive industries are currently navigating a complex landscape influenced by economic fluctuations, changing customer demands, and technological advancements.

Nov 19, 2024 | amtonline.org | Amber Thomas |Christopher Chidzik |Michelle Edmonson |Conchi Aranguren

2025 is expected to be another eventful and challenging year for the European industrial manufacturing sector. Despite the difficulties faced in 2024, including political and economic uncertainties that disrupted order intake and constrained growth, there is cautious optimism for the year ahead. This positive outlook is supported by signs of economic recovery, easing inflation, and sustained demand in key markets.

Nov 19, 2024 | amtonline.org | Conchi Aranguren |Amber Thomas |Fred Qian |Arun Mahajan

Numerous economic reforms are driving India’s growth in smartphones, aerospace, automotive, medical, and more, accelerating output as new orders have increased at a rate not seen in nearly 20 years. For more industry intel and other tidbits, read on. India’s manufacturing PMI rose to 57.5 in October, up from 56.5 in September. Meanwhile, the services PMI increased to 58.5 in October, compared to 57.7 in September.

Nov 11, 2024 | amtonline.org | Christopher Chidzik |Amber Thomas

DOWNLOAD PRESS RELEASEMcLean, Va. (November 11, 2024) — Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders (USMTO) report published by AMT – The Association For Manufacturing Technology, totaled $450.6 million in September 2024. These orders for metalworking machinery increased 24% from August 2024 and increased 14.6% over September 2023 orders. Year-to-date orders reached $3.35 billion, a decline of 7.7% compared to the first three quarters of 2023.

Sep 5, 2024 | amtonline.org | Christopher Chidzik |Michelle Edmonson |Amber Thomas

READ FULL PRESS RELEASEMcLean, Va. (October 16, 2024) — Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $209.3 million in August 2024. Orders increased 9.1% from July 2024 but were down 4.5% from August 2023. Year-to-date shipments totaled $1.67 billion, up 1.5% from shipments made in the first eight months of 2023.