Abstract The latest statistics of Adsale Machinery: According to the American Cutting Tool Association (USCTI), the US cutting tool consumption in April 2014 was US$175 million, a 2.1% increase from the previous month and a 3.3% decrease from the same period last year. According to statistics, 2014 1 & md...
According to the statistics of the American Cutting Tool Association (USCTI), the US cutting tool consumption in April 2014 was US$175 million, a 2.1% increase from the previous month and a 3.3% decrease from the same period last year. According to statistics, the US tool consumption in January-April 2014 was US$661 million, a slight decrease from the same period last year. In addition, the US tool consumption in 2013 was US$2.03 billion, down 3.9% year-on-year. USCTI Chairman Tom Haag said that the overall situation of US tool consumption is in line with the AMT Association's US machine tool orders. With the growth of US machine tool orders this year, US tool consumption is expected to continue to grow slowly in the second half of 2014.
The CTMR tool market report counts the US project companies involved in the tool market report, with total consumption accounting for about 80% of the US tool market. This indicator can be used as a benchmark for US manufacturing orders because it is a true measure of actual production levels. The cutting tools of the American Cutting Tool Association (USCTI) are divided into seven categories: Carbide Tooling, Drill & Reamer, Milling Cutter, PCD and PCBN. Tap & Die, Tool Holder and other tools.
The blue line is the amount of cutting tool consumption in the United States from January 2012 to April 2014. (in millions of US dollars)
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