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New orders of metalworking machinery totaled $583.4 million in May, a 1.8% decline from April but a 47.8% increase year over year, the Association for Manufacturing Technology said in a news release.
During the first five months of 2026, manufacturing technology orders totaled $2.77 billion, a 31.9% increase over the same period in 2025, AMT said.
In addition, shipments of cutting tools totaled $239.8 million in May, the group said in a separate news release. The value of shipments decreased 7.4% from April but was up 15.2% year over year, while year-to-date shipments totaled $1.2 billion, up 16.8% year over year. The number of cutting tool units shipped decreased for the second consecutive month after rising in February and March, AMT said.
“Shipments dipped in May compared to the previous two months, which were very high and broke records, but were still very strong in nearly all categories reported,” Jack Burley, chairman of AMT’s Cutting Tool Product Group and president of cutting tool manufacturer Big Daishowa, said in a statement.
