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First-quarter machine tool orders reached their highest level in almost a quarter-century, AMT – The Association for Manufacturing Technology said today.

Manufacturing employment rose by 18,000 jobs in May, the U.S. Bureau of Labor Statistics said today.

U.S. cutting tool orders rose in January compared with a year earlier, according to USCTI and AMT.

Manufacturing should expand in the first half of 2020, including increased revenue for companies, the Institute for Supply Management said this week in a semi-annual forecast.

Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.

The manufacturing sector's economic contraction continues for the 12th consecutive month, revealing persistent labor shortages and challenges, with some industries experiencing growth while others face contraction.

Economic activity in the services sector continues its upward trajectory, marking the ninth straight month of expansion. Despite a slight dip, the Services PMI reflects sustained growth, with key indices signaling positive trends.

US services sector resilient with seven months of growth, including employment expansion, promising economic outlook

Manufacturing employment barely changed in March, according to data released April 7.

Machine tool orders in February advanced sharply on a monthly basis, AMT – The Association for Manufacturing Technology said today.