The US Manufacturing Technology Orders report for July 2016 shows that orders dropped 24.8 percent for the month compared to June, according to data from AMT – The Association For Manufacturing Technology. Year over year, monthly orders were down 23.0 percent compared to July 2015.

United States: US cutting tool consumption totalled US$173.64 million in April according to the US Cutting Tool Institute (USCTI) and the Association For Manufacturing Technology (AMT). With a year-to-date total of US$689.76 million, 2016 was down 10.3 percent when compared with 2015..

According to the Association for Manufacturing Technology (AMT), the US manufacturing technology orders totalled US$318 million. This translated to an 11.8 percent decrease from June (US$361 million) and a 11.1 percent decrease compared with that of July 2014 (US$358 million).

The US cutting tool consumption totalled US$189 million in June, according to the US Cutting Tool Institute (USCTI) and the Association for Manufacturing Technology (AMT). Published in their June report, this figure represented an increase of nine percent from May 2015, but a one percent decrease from June 2014.

The latest US Manufacturing Technology Orders (USMTO) report show that orders have dropped in April, according to the Association for Manufacturing Technology (AMT).

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."