{"id":5519,"date":"2015-05-15T18:19:19","date_gmt":"2015-05-15T18:19:19","guid":{"rendered":"http:\/\/mfgtechupdate.com\/?p=5519"},"modified":"2015-05-15T18:19:19","modified_gmt":"2015-05-15T18:19:19","slug":"us-cutting-tool-yy-consumption-up-4-6-in-march","status":"publish","type":"post","link":"https:\/\/mtuupdate.in\/mtu\/2015\/05\/15\/us-cutting-tool-yy-consumption-up-4-6-in-march\/","title":{"rendered":"US cutting tool Y\/Y consumption up 4.6% in March"},"content":{"rendered":"<p>March U.S. cutting tool consumption totaled $197.6 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT \u2013 The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 9.8% from February\u2019s total and up 4.6% from March 2014.<br \/>\nThese numbers and all data in this report are based on the totals actually reported by the companies participating in the CTMR program. The totals here represent the majority of the U.S. market for cutting tools.<br \/>\n\u201cAs we close the first quarter of 2015, strong cutting tool shipments in March prove that this year\u2019s economic outlook remains solid for our industry,\u201d said Brad Lawton, chairman of AMT\u2019s Cutting Tool Product Group. \u201cThis increase is on track with the positive trend in machine tool orders and durable goods manufacturing. There is a possible caution in the Industry regarding the increasing value of the Dollar and the potential impact on exports.\u201d<br \/>\n<a href=\"http:\/\/mfgtechupdate.com\/wp-content\/uploads\/2015\/05\/AMTonline_CTMR_Graph.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5520\" src=\"http:\/\/mfgtechupdate.com\/wp-content\/uploads\/2015\/05\/AMTonline_CTMR_Graph.jpg\" alt=\"AMTonline_CTMR_Graph\" width=\"700\" height=\"242\" \/><\/a><br \/>\nThe Cutting Tool Market Report is jointly compiled by AMT and USCTI, two trade associations representing the development, production and distribution of cutting tool technology and products. It provides a monthly statement on U.S. manufacturers\u2019 consumption of the primary consumable in the manufacturing process \u2013 the cutting tool.\u00a0 Analysis of cutting tool consumption is a leading indicator of both upturns and downturns in U.S. manufacturing activity, as it is a true measure of actual production levels.<br \/>\nHistorical data for the Cutting Tool Market Report is available dating back to January 2012.\u00a0 This collaboration of AMT and USCTI is the first step in the two associations working together to promote and support U.S.-based manufacturers of cutting tool technology.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>March U.S. cutting tool consumption totaled $197.6 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT \u2013 The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 9.8% from February\u2019s total and up 4.6% from March 2014. These numbers and all<\/p>\n<div class=\"read-more\"><a href=\"https:\/\/mtuupdate.in\/mtu\/2015\/05\/15\/us-cutting-tool-yy-consumption-up-4-6-in-march\/\" title=\"Read More\">Read More<\/a><\/div>\n","protected":false},"author":2,"featured_media":1224,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,1],"tags":[150],"class_list":{"0":"post-5519","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-today-in-mfg","8":"category-uncategorized","9":"tag-amtonline"},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/posts\/5519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/comments?post=5519"}],"version-history":[{"count":0,"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/posts\/5519\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/media?parent=5519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/categories?post=5519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mtuupdate.in\/mtu\/wp-json\/wp\/v2\/tags?post=5519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}