February U.S. cutting tool consumption totaled $190.12 million, according to the U.S. Cutting Tool Institute and the Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.5 percent from January's $183.61 million and 8.7 percent when compared with the $174.98 million reported for February 2017. With a year-to-date total of $373.73 million, 2018 is up 7.4 percent when compared with 2017.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2018-04-19
CTE source: https://ctemag.com/news/us-cutting-tool-consumption-february/
Legacy path: /us-cutting-tool-consumption-february