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In the first four months of 2011, the consumption of machine tools in the United States increased by 105.3%
On June 13, the American Association of Manufacturing Technology (AMT) and the American Machine Tool Distributors Association (AMTDA) released the latest statistics on the consumption of metalworking machine tools in the United States. In April 2011, the US metal processing machine tool orders were 2077 units, a decrease of 20.36% from the previous month's 2608 units, and an increase of 54.08% from the 1348 units in April 2010. In April, US metalworking machine tool consumption was $397 million, down 21% from $503 million the previous month, but up 74.9% from $227 million in April 2010. From January to April 2011, the cumulative consumption of metal processing machine tools in the United States was 1.596 billion US dollars, a substantial increase of 105.3% over the 778 million US dollars in the same period in 2010. In terms of product categories, in April, orders for metal cutting machine tools and metal forming machine tools in the United States were 1,955 and 122, respectively, both down from the previous month. In April, the consumption of metal cutting machine tools was 361 million US dollars, a decrease of 22% from the previous month's 468 million US dollars, and an increase of 75.3% from the 206 million US dollars in April 2010; the consumption of metal forming and manufacturing machine tools was 3554. million, an increase of 2.4% from the previous month's $34.69 million and a 70.7% increase from April 2010's $20.82 million. From January to April 2011, the consumption of metal cutting machine tools in the United States was 1.471 billion US dollars, a year-on-year increase of 107.3%; the consumption of metal forming and manufacturing machine tools was 125 million US dollars, an increase of 83.9% year-on-year. Douglas K.Woods, Chairman of AMT, pointed out: 'Despite the turbulent situation in the Middle East causing a sharp rise in oil prices and the earthquake and tsunami disaster in Japan, the machine tool orders in the first four months still doubled year-on-year, which is very exciting news. Although The order volume in April was lower than that in March, but the current order volume of the industry is close to the level before the crisis, indicating that the machine tool industry has a long-term positive trend.'