April U.S. cutting tool consumption totaled $203.68 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 1.6 percent from March’s $207.08 million and up 21.2 percent when compared with the $168.03 million reported for April 2017. With a year-to-date total of $784.69 million, 2018 is up 9.6 percent when compared with 2017.
For more information, visit AMTonline.org.