September 2021 U.S. cutting tool consumption totaled $163.1 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 0.2% from August’s $163.5 million and up 10.7% when compared with the $147.4 million reported for September 2020. With a year-to-date total of $1.5 billion, 2021 is up 7.4% when compared to the same period in 2020.
