The return of the US manufacturing industry drives the growth of machine tool consumption

According to statistics from the American Association of Machinery Manufacturing Technology (AMT), the total orders for metalworking machine tools in the United States in 2014 were US$5.08 billion, a year-on-year increase of 3.1%. Among them, the total orders for metal cutting machine tools were US$4.94 billion, a year-on-year increase of 3.7%; the total orders for metal forming machine tools were US$140 million, a year-on-year decrease of 14.2%. In terms of regional distribution, orders in the central and eastern regions grew the fastest, with orders for metal processing machine tools totaling US$1.37 billion, a year-on-year increase of 6.6%. Among them, the total orders of metal cutting machine tools were US$1.31 billion, a year-on-year increase of 7.1%; the total orders of metal forming machine tools were US$60 million, a year-on-year decrease of 3.1%. 'Analysis of the trend in 2015 from the running trend at the end of 2014 is more optimistic. At the same time, many major manufacturers have also indicated that they plan to hire more employees and increase more investment in the coming months.' AMT Chairman Mr. Douglas Wood said, 'Orders rose 3.1% in 2014, meeting our annual forecast. While there were some headwinds (such as a rising dollar, falling oil prices and a shortage of skilled workers), overall we believe that in the first half of 2015 the US The economy will continue to maintain the upward trend and be in a controllable state.' In 2014, the consumption of cutting tools in the United States reached 2.04 billion US dollars, a year-on-year increase of 5.9%, showing a rising trend of fluctuation. The average monthly consumption in 2014 was US$170 million, an increase of US$9.46 million from 2013.