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U.S. Cutting Tool Consumption up 1.3% in August

2013-10-09 06:00:00| Industrial Newsroom - All News for Today

According to U.S. Cutting Tool Institute and AMT, August 2013 U.S. cutting tool consumption totaled $161.7 million as reported by companies participating in Cutting Tool Market Report (CTMR) collaboration — up 1.3% from July but down 13.2% from August 2012. Year-to-date shipments are $1.33 billion, which is down 7.9% from same period in 2012. USCTI president Dave Povich pointed out modest growth in 2013 that purchasing manager surveys point to uptick heading towards 2014. This story is related to the following:Trade Associations

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Category:Industrial Goods and Services

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