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Dave Povich, president of the American Cutting Tool Association, said that the US manufacturing industry grew moderately in 2013. The survey of purchasing managers showed that this trend will continue until 2014. The sales of cutting tool sales in the first half of 2013 has improved year on year. It is expected that this positive trend will be improved. It was extended in the third and fourth quarters.
The Cutting and Cutting Tool Market Report is a monthly report jointly issued by the American Manufacturing Technology Association and the Tool Association. The purpose of the two associations is to promote and support the foundation of the US manufacturing industry - cutting tools, and hope to analyze the US manufacturing activities with tool consumption and measure the real situation. Production status. 
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US cutting tool consumption increased by 1.3% in August
According to the cutting tool market report jointly released by the American Cutting Tool Association and the Manufacturing Technology Association, the total consumption of cutting tools in the United States in August was 160 million US dollars, up 1.3% from the previous month and down 13.2% year-on-year. Tool consumption totaled $1.33 billion in the first eight months, down 7.9% year-on-year.