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Cutting Tool Orders Total $173.2M in July

July 2022 U.S. cutting tool consumption totaled $173.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

Durable Goods Fall on Transportation

New orders for durable goods declined slightly in July after orders for transportation equipment slid, the U.S. Commerce Department reported today.

Boeing Posts First-Quarter Loss

Boeing Co. reported a first-quarter loss as the aircraft maker confronted multiple challenges to key aircraft programs.