January 2019 U.S. Cutting Tool consumption totaled $208.27 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 up 10.1 percent from December’s $189.1 million and up 13.4 percent when compared with the $183.6 million reported for January 2018.