December 2022 cutting tool consumption totaled $188.4 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
U.S. Cutting Tool Orders Increased 10.8% in 2022 Read More »
Despite experiencing a decrease from total orders in 2021, the manufacturing technology industry still recorded its third-best year in 2022.
Data: 2022 U.S. Metalworking Machinery Orders Totaled $5.5B Read More »
After getting back on track in December, factory orders are up four of the last five months.
U.S. Factory Orders Bounce Back in December Read More »
Construction job openings also increased by 82,000 in December, according to an Associated Builders and Contractors analysis.
December U.S. Construction Spending Down .4% Month-to-Month Read More »
Overall, construction input prices are 7.9% higher than a year ago, while nonresidential construction input prices are 7.6% higher, ABC said.
Construction Input Prices Dropped 2.7% in December Read More »
Mergers and acquisitions among industrial distributors and manufacturers rebounded in December after slowing down in the latter half of November.
December M&A Roundup: Pre-Holiday Activity Keeps Pace to Close Out 2022 Read More »
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