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Cutting Tool Orders on the Edge

Demand for cutting tools slipped as Q1 ended, and while YTD order volumes remain ahead of last year, persistent inflation is discouraging some manufacturers from moving forward.

Jack burleyManufacturing technologyUs cutting tool instituteCutting tool product groupTool product group

Cutting Tool Orders Up Slightly in the First Quarter

The March total, however, was off compared to last year.

Jack burleySteve stokeyCutting tool product groupAssociation for manufacturing technologyUs cutting tool instituteTool instituteCutting tool market reportTool productAllied machine

Cutting Tool Orders Up 9% in February

Through the first two months of the year, orders were up 6.5%.

Steve boyerBret tayneUs cutting tool instituteEverede tool coManufacturing technologyTool instituteAssociation for manufacturingCutting tool market report

Cutting Tool Orders Up 4% to Start the Year

The total suggests that an expected decline "will not be as severe" as some projections.

Jack burleyAssociation for manufacturing technologyCutting tool product groupUs cutting tool instituteTool instituteCutting tool market reportTool product

U S Cutting Tool Orders Rose Nearly 7% Last Year

Orders were down slightly, however, in the final month of 2023.

Steve boyerMark killionAssociation for manufacturing technologyUs cutting tool instituteTool instituteCutting tool market reportOxford economics

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