USCTI shows YTD consumption down in Nov.
U.S. manufacturers spent $168.69 million on cutting tools in November 2016, according to the Cutting Tool Market Report by the U.S. Cutting Tool Institute and AMT – The Association For Manufacturing Technology. This was 0.2 percent lower than October's $168.99 million, but was up 9.3 percent from November 2015's $154.28 million.