In the first half of the year, US machine tool consumption fell by 70% year-on-year

The American Association of Manufacturing Technology (AMT) and the American Machine Tool Distributors Association (AMTDA) released relevant statistics for June on August 10. In the first half of this year, the cumulative consumption of machine tools in the United States was 759.03 million US dollars, down 70.1% from the same period in 2008. Judging from the situation in June, the production of machine tools in the United States was 917 units, an increase of 58 units from May. The total consumption of machine tools in June was 135.85 million US dollars, an increase of 22% over May, but a decrease of 69.2% compared with the same period last year. In terms of product categories, in June, the consumption of metal cutting machine tools was 101.71 million US dollars, up 9.5% from the previous month, but down 71.4% from the same period last year. The consumption of metal forming and manufacturing machine tools was 24.46 million US dollars, showing a relatively high growth month-on-month, reaching 153.3%.