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US Cutting Tool Orders Ended June Up 7-9 Year To DAT

US Cutting Tool Orders Ended June

The U.S. Cutting Tool Institute and Association for Manufacturing Technology reported their monthly figures for cutting tool consumption mid August, showing an increase month-to-month, year-over-year and on a year-to-date basis through the first half of 2022.

The latest figures showed that June 2022 U.S. cutting tool consumption totaled $175.9 million, up 0.3% from May and up 2.2% year-over-year. Through the first six months of 2022, a consumption total of $1.1 billion was up 7.9% compared to the first half of 2021.

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