July U.S. cutting tool consumption totaled $170.95 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 down 8.4% from June's $186.57 million and up 16.0% when compared with the total of $147.43 million reported for July 2016. With a year-to-date total of $1.266 billion, 2017 is up 7.1% when compared with 2016.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2017-09-14
CTE source: https://ctemag.com/news/2017-us-cutting-tool-consumption-71/
Legacy path: /2017-us-cutting-tool-consumption-71