U.S. Cutting Tool Consumption Up 7.2 percent in December
MCLEAN, VA — December U.S. cutting tool consumption totaled $168.2 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 7.2 percent from November’s total and up 20.3 percent from December 2013.