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U.S. Cutting Tool Orders Total $175.4M in May

May 2022 U.S. cutting tool consumption totaled $175.4 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

Vehicle Sales Forecast to Slip in 2022

Global and U.S. vehicle sales will decline this year as a tight supply of semiconductors continues to hold down deliveries, consulting firm AlixPartners said today.

Durable Goods Orders Rise on Transportation

New orders for durable goods increased 0.7 percent to $267.2 billion in May, paced by a gain in orders for transportation equipment, the Commerce Department said today.

Manufacturing Slows in June

The U.S. manufacturing economy slowed in June, with new orders going into negative territory, the Institute for Supply Management said July 1.

SME Awards Recognize Additive Manufacturing Innovation

SME, the professional association committed to advancing manufacturing and developing a skilled workforce, announced the winners of its Additive Manufacturing Community Awards, which were presented today at RAPID + TCT 2021, North America’s largest and most influential additive manufacturing (AM) event, Sept. 13-15 at Chicago’s McCormick Place.