Durable Goods and Capital Spending - United States - January 2025

Machine Tool Orders


Source - https://www.inddist.com/economy/news/22933303/manufacturing-technology-orders-fall-for-third-year-beat-expectations



Source - https://www.amtonline.org/topic/intelligence/cutting-tool-market-report



Robotic Tools

FANUC is one of the leaders in industrial robotics. But, like many other companies at the moment, it also appears to be experiencing a slowdown. The company reported financials for the first 9 months of the fiscal year ending March 31, 2025 (April 1 to December 31, 2024), showing mixed results amidst a recovering but uncertain global economy.?

Robot sales for the period decreased 16.4% to ¥242,386 million?due to lower sales in China, Europe, and the Americas. FANUC said these geographic areas are seeing weaker demand in automobile-related industries. FANUC said it sees strong demand in general industries in Japan.

Factory automation net sales increased 10.0% to ¥147,424 million, driven by strong CNC system sales in India and China, despite weaker demand globally. ROBOMACHINE division net sales increased 21.8% to ¥92,819 million, with growth in ROBODRILLs (compact machining centers) and ROBOSHOTs (electric injection molding machines) offsetting a slight decrease in ROBOCUT sales.

Source - https://www.industryweek.com/members/article/55267536/so-that-happened-robotics-sales-stuck-in-neutral or https://www.therobotreport.com/fanuc-industrial-robot-sales-drop-16/ FANUC America Corporation


Durable Goods












Source - United States Federal Government


  1. Warehouse automation - https://www.cfodive.com/news/warehouse-automation-market-set-slow-recovery-tariffs/739763/
  2. Oil Rigs - https://boereport.com/2025/02/21/us-oil-and-gas-rig-count-rises-to-highest-since-june-says-baker-hughes/
  3. Natural gas pipeline projects - https://financialpost.com/pmn/business-pmn/trump-will-allow-for-more-gas-pipe-expansion-southern-ceo-says Southern Company
  4. Utility Sector - https://www.tdworld.com/utility-business/article/55270449/capex-wrap-southern-entergy-centerpoint-and-txnm-update-spending-plans CenterPoint Energy Southern Company Entergy
  5. Business automation spending / Top use cases - https://medium.com/@Rejoicehub/10-innovative-use-cases-of-ai-agents-in-2025-7c71fcf2f066
  6. Class 8 Truck orders - https://www.monitordaily.com/news-posts/act-research-january-class-8-orders-totaled-25-8k-units/
  7. Steel production - https://www.steelmarketupdate.com/2025/02/24/aisi-raw-steel-output-dips-for-second-week/
  8. Automotive - https://www.businesswire.com/news/home/20250220409151/en/J.D.-Power-GlobalData-Automotive-Forecast-February-2025
  9. Defense spending - https://www.japantimes.co.jp/commentary/2025/02/25/japan/defense-spending-demands/
  10. Commodities - https://oilprice.com/Metals/Commodities/Trump-Tariffs-Reshape-Global-Metal-Trade-Dynamics.html
  11. Pivoting by global players to re-shore manufacturing and operations back to United States - https://financialpost.com/pmn/business-pmn/tech-giants-have-pledged-over-1-trillion-in-us-investment-so-far


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