U.S. Cutting Tool Consumption Down 1.9 Percent in September
MCLEAN, VA — September U.S. cutting tool consumption totaled $170.8 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 1.3 percent from August’s total, down 11.7 percent from September 2014 and down 1.9 percent when compared year-to-date in 2014.