U.S. Cutting Tool Consumption Slowing

10/08/2019

June 2019 U.S. cutting tool consumption totaled $198.9 million, according to the United States Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total was down 6.8 percent from May’s $213.4 million and down 6.3 percent when compared with the $212.4 million reported for June 2018. With a year-to-date total of $1.25 billion, 2019 is up 3.2 percent when compared with 2018. These numbers are based on the totals reported by participating members. Members belong to 10 product divisions, including sawing.