According to the latest statistics on US machine tool consumption released by the American Manufacturing Technology Association (AMT) and the American Machine Tool Distributors Association (AMTDA), the cumulative consumption of machine tools in the US for the whole year of 2009 was $1.7791 billion, compared with the same period last year. Decrease by 60.4%. The consumption of metal cutting machine tools was US$ 153.809 million, down 61.3% year-on-year; the consumption of metal forming and manufacturing machine tools was US$ 233.82 million, down 53.3% year-on-year.
In December 2009, the US machine tool production was 1,362 units, an increase of 308 units from November's 1,054 units; machine tool consumption totaled US$219.6 million, an increase of 22.9% from November's US$178.62 million. The consumption of metal cutting machine tools was US$ 187.58 million, a year-on-year increase of 19.6% and a year-on-year increase of 4.6%. The consumption of metal forming and manufacturing machine tools was US$32.02 million, an increase of 46.8% from the previous month.
At present, the US machine tool industry has not yet shown a comprehensive rebound, and its consumption is still lower than the industry low in 2003. The overall recovery will take a long time. US AMT Chairman DouglasK. Woods said the sequential growth in orders for November and December showed the government's investment stimulating effect as of the end of 2009. At the same time, he revealed that AMT and 40 Other industrial groups have sent letters to the US Congress and the President, suggesting that the government adjust the tax structure and encourage foreign capital to invest in equipment.
In December 2009, the US machine tool production was 1,362 units, an increase of 308 units from November's 1,054 units; machine tool consumption totaled US$219.6 million, an increase of 22.9% from November's US$178.62 million. The consumption of metal cutting machine tools was US$ 187.58 million, a year-on-year increase of 19.6% and a year-on-year increase of 4.6%. The consumption of metal forming and manufacturing machine tools was US$32.02 million, an increase of 46.8% from the previous month.
At present, the US machine tool industry has not yet shown a comprehensive rebound, and its consumption is still lower than the industry low in 2003. The overall recovery will take a long time. US AMT Chairman DouglasK. Woods said the sequential growth in orders for November and December showed the government's investment stimulating effect as of the end of 2009. At the same time, he revealed that AMT and 40 Other industrial groups have sent letters to the US Congress and the President, suggesting that the government adjust the tax structure and encourage foreign capital to invest in equipment.
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