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According to comprehensive statistics, the US cutting tool consumption in the first half of 2013 was US$1.014 billion, down 8.2% year-on-year. In June, consumption was US$155 million, down 12.8% year-on-year; July consumption was US$157 million; August consumption was US$160 million, down 13.2% year-on-year. In addition to September, the decline has been expanding since June. The current monthly consumption is around $160 million.
Brad Lawton, president of the American Manufacturing Technology Association's Cutting Tool Products Group, said that the decline in cutting tool shipments compared to 2012 was mainly due to the slowdown in orders for metal products; it is expected that the power generation equipment and aircraft and parts industries will grow in 2014.
The Cutting and Cutting Tool Market Report (CTMR) is a monthly report jointly issued by the American Manufacturing Technology Association and the Tool Association. The purpose of the two associations is to promote and support the foundation of the US manufacturing industry - cutting tools, and hope to analyze the US manufacturing activities with tool consumption. To measure real production.
Abstract According to the American Cutting Tools Association (USCTI) and the Association for Manufacturing Technology (AMT) jointly issued the cutting tool market report (CTMR) show that total US cutting tool consumption in September was $ 160 million, a decline of 3.8%, down 3.1% year on year. Top 9...
According to the Cutting Tool Market Report (CTMR) jointly released by the American Cutting Tool Association (USCTI) and the Manufacturing Technology Association (AMT), the total US cutting tool consumption in September was US$160 million, a decrease of 3.8% from the previous month and a decrease of 3.1% from the same period last year. Tool consumption totaled $1.5 billion in the first nine months, down 6.7% year-on-year.