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April 2021 US cutting tool orders up 26.3% from April 2020

June 24, 2021


U.S. cutting tool consumption for April 2021 totaled $170 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 4.3% from March’s $177.6 million and up 26.3% when compared with the $134.6 million reported for April 2020. With a year-to-date total of $641.9 million, 2021 is down 6.4% when compared to April 2020.

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