Tariffs, like the new Section 232 tariffs, are reshaping how manufacturers plan, invest, and compete – with consequences that extend well beyond the balance sheet. Here are some important takeaways and insights from ¾ÅÉ«ÊÓÆµâ€™s 2025 Q3 Spot Survey.
New orders of metalworking machinery, measured by the U.S. Manufacturing ¾ÅÉ«ÊÓÆµ Orders Report published by ¾ÅÉ«ÊÓÆµ – The Association For Manufacturing ¾ÅÉ«ÊÓÆµ, totaled $529.4 million in August 2025.
Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $216.2 million in July 2025. Orders increased 4.9% from June 2025 and 9.8% from July 2024. Year-to-date shipments totaled $1.45 billion, down 2.9% from the same period in 2024.
New orders of metalworking machinery totaled $387.3 million in July 2025, a 9.5% decrease from June 2025 but a 20.1% increase from July 2024. Machinery orders placed through July 2025 totaled $2.91 billion, up 14.4% over the first seven months of 2024.
Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $204.1 million in June 2025, declining 1.8% from May 2025 and 3.9% from June 2024. Year-to-date shipments totaled $1.23 billion, a drop of 4.9% from the same period in 2024.
New data reveals OEMs prioritize price, but overlook true sourcing costs. Contract manufacturers say better tools and trained labor are key to restoring U.S. production strength.
New orders of metalworking machinery, measured by the USMTO Report from ¾ÅÉ«ÊÓÆµ, was $429.2 million in June, totaling $2.52 billion for the year, a 13.7% increase over the first half of 2024. This marked increases of 9.1% from May 2025 and 7.7% from June 2024.
Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $207.8 million in May 2025. Orders dropped 2.3% from April 2025 and 5% from May 2024. Year-to-date shipments totaled $1.03 billion, a drop of 5.1% from the same period in 2024.
New orders of metalworking machinery totaled $392.7 million in May 2025, an 11.8% decline from April 2025 and a 2.7% increase from May 2024. 2025 orders placed through May totaled $2.09 billion, a 15% increase over the first five months of 2024.
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled by ¾ÅÉ«ÊÓÆµ and USCTI, totaled $212.8 million in April 2025. Orders increased 2.7% from March 2025 but were down 2.8% from April 2024. Year-to-date shipments totaled $818.3 million.