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December U.S. cutting tool consumption totaled $175 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.

This total was down 6.6% from October’s $198.00 million and up 9.6% when compared with the $168.70 million reported for November 2016. With a year-to-date total of $2.020 billion, 2017 totals were up 8.2% when compared with 2016.

With a year-to-date total of $716.11 million, 2017 is up 3.5% when compared with 2016.

With a year-to-date total of $1.867 billion, 2016 is down 5.7 percent when compared with 2015.

With a year-to-date total of $1.352 billion, 2016 is down 8.3 percent when compared with 2015.

The total was up 5.8 percent from May’s $165.68 million and down 7.1 percent when compared to June 2015.

May U.S. cutting tool consumption totaled $165.68 million.

These numbers and all data in this report are based on the totals actually reported by the companies participating in the CTMR program.

The total was down 13 percent from October.