Steven Kline, Jr. Chief Data Officer

Cutting Tools 31 Jul 2020

Cutting Tool Orders May Have Reached Low Point

The pandemic accelerated the contraction in metalworking and extended the accelerating contraction in cutting tool orders. But, the GBI: Metalworking indicates the lows in cutting tool orders may be in the past.

6 Apr 2020

World Machine Tool Report Shows Manufacturing Shift to North America

After increasing machine tool purchasing for the past two years, 12 of the top 15 machine tool consuming countries decreased in 2019 in the midst of a worldwide downturn. But in a sign of reshoring, the U.S. increased its share overall, and machine tool purchasing by Mexico increased.

1 Apr 2020

Manufacturers Begin Making Significant Adjustments to Production

As automotive OEMs closed facilities and states closed non-essential businesses to help combat the coronavirus, significantly more manufacturers made adjustments to production/capacity in last week’s survey.

27 Mar 2020

Manufacturers Adjusting in Third Week of Coronavirus Survey

In the third week of the of the COVID-19 survey, manufacturers started making more significant adjustments to contingency plans, budgets/spending and staffing/hiring. However, production and capacity were relatively unchanged.

19 Mar 2020

Manufacturers Experience Fewer Changes with Less Impact from the Coronavirus

In the second week of a survey on COVID-19, manufacturers reported fewer changes to their business with less severe impact on their supplier lead times and parts availability with the lone exception of travel-related activities.

3 May 2019

The Global Machine Tool Boom Continues, Except in China

The latest World Machine Tool Survey finds major machine tool countries moving in separate directions.

6 Dec 2018

Shops Outside the Core Set of Buyers Are Driving Machine Tool Consumption

Spending by the so-called “marginal buyer” (typically a small shop that purchases machines on a discretionary basis) is the dominant factor in today’s market.

1 May 2018

The Machine Tool Industry Is Booming Globally

U.S. machine tool purchases rose in 2017, as shown by the 2017 World Machine Tool Survey. A global boom now makes it hard for U.S. shops to get new machines.

Horizontal Machining Centers 1 Dec 2017

The Shift to Horizontal Machining Centers Gathers Steam

Metalworking companies, especially job shops, continue to invest more heavily in HMCs. This trend points to the inherent capability and flexibility of these machines for producing complex, high-value workpieces.