September 2019 U.S. cutting tool consumption totaled $195.9 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 collaboration, was down 4.3 percent from August's $204.7 million and down 7 percent when compared with the $210.6 million reported for September 2018. With a year-to-date total of $1.8 billion, 2019 is up 0.2 percent when compared with 2018. Please note there were revisions to August 2019.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2019-11-26
CTE source: https://ctemag.com/news/us-cutting-tool-orders-02-september-2019-ytdytd/
Legacy path: /us-cutting-tool-orders-02-september-2019-ytdytd