Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

U.S. Cutting Tool Consumption up 7.8% in March
May 23, 2014
 Printable format
 Email this Article
 Search


March U.S. cutting tool consumption was $171 million, according to the U.S. Cutting Tool Institute and AMT – The Association For Manufacturing Technology. March was up 7.8% from February 2014 and down 2.5% from March 2013.

“The first quarter of 2014 closed strong for cutting tools, which was in line with some other key industry indicators,” said Brad Lawton, chairman of AMT’s Cutting Tool Product Group. “Robust machine tool orders and a moderate increase in the industrial production index for manufacturing in March are good signs for future cutting tool sales.”

The report is a monthly statement on U.S. manufacturers’ consumption of the primary consumable in the manufacturing process—the cutting tool. Because it is a true measure of actual production levels, the organizations see analysis of cutting tool consumption as a leading indicator of both upturns and downturns in U.S. manufacturing activity.

Data in the report is based on the totals actually reported by companies in the Cutting Tool Market Report (CTMR) program, and the totals represent about 80% of the U.S. market for cutting tools.

Back to Daily News

 

Daily News

...........................................................

Dec 22, 2014: DOE's Building Technologies Office releases Roadmap for Emerging HVAC Technologies

Dec 19, 2014: Whirlpool Corp. provides guidance for 2015

Dec 19, 2014: Panasonic to showcase built-in appliances at LivingKitchen 2015

Dec 19, 2014: New residential construction in November 2014

Dec 19, 2014: 2014 U.S. steel production up 0.7% from 2013

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows