June U.S. cutting tool consumption totaled $186.57 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 2.8% from May's $191.93 million and up 6.0% when compared with the total of $175.97 million reported for June 2016. With a year-to-date total of $1.095 billion, 2017 is up 5.8% when compared with 2016.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2017-08-09
CTE source: https://ctemag.com/news/amt-us-cutting-tool-2017-ytd-consumption-58-june/
Legacy path: /amt-us-cutting-tool-2017-ytd-consumption-58-june