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Automotive Market
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Intelligence
By Christopher ChidzikNov 21, 2024

September 2024 US Cutting Tool Orders Total $188.7 Million, Up 0.7% Year-to-Date

Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $188.7 million in September 2024. Orders decreased 10% from August 2024 and were down 6.3% from September 2023.

4m read
International
By Conchi ArangurenNov 19, 2024

International News From the Field: Europe

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.

5m read
International
By Conchi ArangurenOct 23, 2024

International News From the Field: Europe

Europe is struggling, particularly economic powerhouses Germany and France, as the continent's PMI remains below 50. However, there are opportunities in sectors like those related to clean energy. For more industry intel and other tidbits, read on.

5m read
Intelligence
By Christopher ChidzikOct 16, 2024

August 2024 US Cutting Tool Orders Total $209.3 Million, Up 9.1% From July 2024

Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $209.3 million in August 2024. Orders increased 9.1% from July 2024 but were down 4.5% from August 2023.

4m read
Intelligence
By Christopher ChidzikSep 20, 2024

July 2024 US Cutting Tool Orders Total $191.8 Million, Up 2.5% Year-to-Date

Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and the U.S. Cutting Tool Institute, totaled $191.8 million in July 2024. Orders decreased 7.8% from June 2024 but were up 1.7% from July 2023.

4m read
International
By Conchi ArangurenSep 04, 2024

International News From the Field: Europe

Europe’s mixed economic landscape presents challenges and cautious optimism. The European industry exhibits mixed feelings but remains robust with opportunities across various industrial sectors. For more industry intel and other tidbits, read on.

5m read
Intelligence
By Christopher ChidzikAug 14, 2024

US Cutting Tool Orders Totaled $208.1 Million in June 2024, Narrowing Year-to-Date Gains to 2.6%

Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, were $208.1 million in June 2024, bringing the year-to-date total to $1.27 billion, up 2.6% compared to the first six months of 2023.

4m read
International
By Conchi ArangurenJul 30, 2024

International News From the Field: Europe

Despite global and regional instability, Europe’s manufacturing technology industry sees growth thanks to machine tool exports and investments in the automotive, defense, and electronics sectors. For more industry insights and other tidbits, read on.

5m read
Intelligence
By Christopher ChidzikJul 10, 2024

US Cutting Tool Orders Totaled $214.4 Million in May 2024, Raising the Year-to-Date Total 4% Over 2023

Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing ¶¼ÁéÌåÓýÖ±²¥ and the U.S. Cutting Tool Institute (USCTI), were $214.4 million in May 2024.

4m read
International
By Conchi ArangurenJul 02, 2024

International News From the Field: Europe

Well known for small city cars, sports, and supercars, the Italian automotive industry shows strong innovation as it consolidates its position as a key driver of economic recovery in Europe. For more industry intel and other tidbits, read on.

5m read