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1 week ago | 
amtonline.org | Christopher Chidzik |Bonnie Gurney |Conchi Aranguren
READ FULL PRESS RELEASEMcLean, Va. (April 16, 2025) — 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 $198.6 million in February 2025. Orders decreased 0.7% from January 2025 and were down 9.2% from February 2024. Year-to-date shipments totaled $398.4 million, a drop of 6.7% from the same period in 2024.
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1 month ago | 
amtonline.org | Christopher Chidzik |Fred Qian |Cathy Ma |Conchi Aranguren
According to Eurostat, industrial production in the eurozone remained stable in January 2025 compared to the previous year, while the EU experienced a slight decline of 0.2%. However, monthly data reveals an increase of 0.8% in the eurozone and 0.3% in the EU compared to December 2024, which saw respective declines of 0.4% and 0.2. This mixed performance reflects the ongoing economic uncertainty in the European manufacturing sector.
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1 month ago | 
amtonline.org | Christopher Chidzik |Cathy Ma |Conchi Aranguren
READ FULL PRESS RELEASEMcLean, Va. (March 19, 2025) — 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 $199.9 million in January 2025. Orders increased 9.2% from December 2024 but were down 4.1% from January 2024. “January was quite soft for most tooling companies, even more so than normal.
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2 months ago | 
amtonline.org | Conchi Aranguren |Catherine Ross |Stephen LaMarca
Taking a closer look at CHIPS. K-swap everything. The manufacturing ABCs. Zager joins The HEH Group. Btiing the dust. “Hang on to your youthful enthusiasms. You'll be able to use – Johnny CashThis is a published version of the AMT Tech Report newsletter. You can sign up to get the Tech Report in your inbox here. 1. Taking a Closer Look at CHIPSThe White House is reviewing subsidies in the CHIPS Act, potentially renegotiating terms with semiconductor companies like Intel, TSMC, and Samsung.
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Jan 13, 2025 | 
amtonline.org | Christopher Chidzik |Harry Moser |Conchi Aranguren
READ FULL PRESS RELEASEMcLean, Va. (January 22, 2025) — 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 $183.1 million in November 2024. Orders decreased 13.8% from October 2024 and were down 9.7% from November 2023. Year-to-date shipments totaled $2.25 billion, down 0.3% from shipments made between January and November of 2023.
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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.
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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.
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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.
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Nov 19, 2024 | 
amtonline.org | Conchi Aranguren |Amber Flora Thomas |Christopher Chidzik
READ FULL PRESS RELEASEMcLean, Va. (November 21, 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 $188.7 million in September 2024. Orders decreased 10% from August 2024 and were down 6.3% from September 2023. Year-to-date shipments totaled $1.86 billion, up 0.7% from shipments made in the first nine months of 2023.
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Oct 30, 2024 | 
amtonline.org | Bonnie Gurney |Arun Mahajan |Conchi Aranguren |Fred Qian
In early November, the China National Bureau of Statistics announced that the manufacturing Purchasing Managers' Index (PMI) was 50.1% in October, an increase of 0.3% from the previous month. This marks the first time in five months that the PMI has risen above 50, indicating a slight rebound in the manufacturing industry. This is the first increase in factory activity since April.
