US: May US cutting tool consumption totalled US$169 million, according to the US Cutting Tool Institute and AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was down 3.5 percent from April's total and down 4.4 percent from May 2013. 

"Overall cutting tools shipments were down in May despite many other manufacturing indicators being positive in the same time period," said Brad Lawton, chairman of AMT's Cutting Tool Product Group. "This down month should be taken in context with that other data and an upward three-month trend."