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Cutting tool orders rose in December on both a monthly and year-over-year basis.

Durable goods orders slid in February, paced by a big decrease in commerce aircraft orders, the Commerce Department reported today.

March 2021 U.S. cutting tool consumption totaled $177.6 million, up 18.8 percent from February's $149.5 million and down 2.6 percent when compared with the $182.3 million reported for March 2020.

Manufacturing ramped up in May, improving from strong results the month before, the Institute for Supply Management said today.

Manufacturing employment rose in May, receiving a major boost from motor vehicles and parts where people returned to work after temporary layoffs.

Durable goods orders increased in June assisted by a gain in aircraft orders, the U.S. Commerce Department reported today.

The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.

Cutting tool orders rose in June on both a monthly and year-over-year basis.

The manufacturing economy cooled slightly in July while continuing to operate at a strong rate, the Institute for Supply Management said today.

Machine tool orders jumped in June as the industry enjoyed increases across various sectors.