In 2009, the consumption of machine tools in the United States exceeded 1.77 billion US dollars, a year-on-year decrease of 60.4%

The American Association of Manufacturing Technology (AMT) and the American Machine Tool Distributors Association (AMTDA) recently released the latest statistics on the consumption of machine tools in the United States in 2009. In 2009, the cumulative consumption of machine tools in the United States was 1.77191 billion US dollars, which was the same as the same period of the previous year. That's down 60.4%. Among them, the consumption of metal cutting machine tools was 1.53809 billion US dollars, a year-on-year decrease of 61.3%; the consumption of metal forming and manufacturing machine tools was 233.82 million US dollars, a year-on-year decrease of 53.3%. In December 2009, US machine tool production was 1,362 units, an increase of 308 units from 1,054 units in November; total machine tool consumption was $219.6 million, an increase of 22.9% from $178.62 million in November. The consumption of metal cutting machine tools was 187.58 million US dollars, an increase of 19.6% month-on-month and a year-on-year increase of 4.6%. Consumption of metal forming and manufacturing machine tools was US$32.02 million, an increase of 46.8% month-on-month. At present, the US machine tool industry has not shown an overall recovery trend, and its consumption is still lower than the industry low point in 2003, and the overall recovery will take a long time. US AMT Chairman Douglas K. Woods said the month-on-month growth in orders in November and December showed the government's investment stimulus through 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.