U.S. CUTTING TOOL INSTITUTE BILLINGS INDEX

Index for October 02—September 03

October $140,213,292 126.4% April $123,526,680 112.9% November $121,934,677 109.8% May $119,703,248 110.0% December $113,137,752 101.7% June $123,443,633 113.6% January $133,883,278 120.6% July $111,215,159 102.1% February $125,288,689 112.9% August $116,382,313 106.8% March $134,260,197 122.1% September $125,456,973 115.4%