US Cutting Tool Consumption Sunk 22% in 2020
Orders picked up steadily after bottoming out at down 36 percent year-over-year in May, but still have a long way to go to comparative breakeven.
Feb 17th, 2021
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MCLEAN, VA December 2020 US cutting tool consumption totaled $157.3 million, according to the U.S. Cutting Tool Institute (USCTI) and the Association For Manufacturing Technology (AMT). This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 4 percent from November s $151.3 million and down 16 percent when compared with the $187.2 million reported for December 2019. With a year-to-date total of $1.9 billion, 2020 was down 22.2 percent when compared with December 2019.
Today I hosted a special hour long AM Minnesota Program Jerry s Top Five AG Stories For 2020. Special thank you to all of our sponsors. The top story was easy, the COVID-19 pandemic and it s affect on all of agriculture. The pandemic seemed to hit livestock producers especially pork producers the hardest. My guest for the top story was Dave Preisler Chief Executive Officer of the Minnesota Pork Producers Association.
My second story was the tremendous financial recovery for most farmers given how low grain and livestock prices were last spring. My guest was Ag Analyst and Vice President of MinnStar Bank Kent Thiesse from Lake Crystal.
Dec. 25, 2020
On this Christmas Day edition of Charlotte Talks, host Mike Collins reads a special poem he first learned about 25 years ago.
It was written by Minnesota actor and author Tom Haag for a Christmas program at his church. When Haag was asked to speak, he agonized over what to write. He couldn’t seem to come up with anything to say until the night before when it all came rushing out on one of those yellow legal pads.
The next day, he walked to the lectern to read what he had written.
The church was filled. But when Haag finished, he left the stage to stony silence. He thought that he had bombed. But actually, it struck a chord in the congregation a deep one. After a moment, the applause started, and built, and lingered.