April U.S. Metalworking Machinery Orders Maintain Strong YoY Trend - Modern Distribution Management

April U.S. Metalworking Machinery Orders Maintain Strong YoY Trend

While monthly orders expectedly retracted, the decline was less than half of a typical April, while year-over-year and year-to-date figures outpace 2024.
modern cnc lathes in the metalworking industry. A series of several machines

New orders for metal cutting, forming and fabricating machinery (manufacturing technology) totaled $444.9 million in April, according to the Association for Manufacturing Technology’s monthly Manufacturing Technology Orders Report (USMTO).

That total fell 12.7% from March but marked a 40.0% increase year-over-year. 

Year-to-date, orders placed through April totaled $1.69 billion, up 17.8% from a year earlier.

The USMTO noted that April orders typically post a monthly decline by about 21% since March tends to see outsized order volumes due to many machinery manufacturers ending their fiscal year. The April decline represents the lowest monthly drop since April 2022. AMT added that some of this strong demand could be attributed to the front-loading on imported goods ahead of tariff impacts and the expectations of increased demand for domestically sourced goods and components.

Despite declines in overall manufacturing output in April, machinery manufacturers increased production by 0.3%, continuing an upward trend that began in October 2024.

 The April report also shared the following:

  • Orders from contract machine shops— the largest customer segment for manufacturing technology orders — showed signs of continuing demand with an April decline of only 6.3%, while the overall market fell by more than twice that
  • Primary metal manufacturers increased orders to their highest level since February 2024
  • Orders from aerospace manufacturers dropped by nearly half from March but remained slightly above their 2024 monthly average

“Demand held the industry’s upward momentum through April, and learning the true impact of recent tariff announcements could take some time due to their erratic implementation,” the report said. “The (NAM’s) recently released Manufacturer’s Outlook Survey showed a steep decline in respondents reporting an optimistic economic outlook compared to their previous survey. Despite this waning optimism, the survey also reported that capital investments are still expected to rise modestly over the next 12 months, albeit at a lower level than projected earlier in the year.”

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

Name(Required)
This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!