US machine tool cumulative consumption of 759 million US dollars

The American Manufacturing Technology Association (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 $759.3 million, a decrease of 70.1% from the same period in 2008.
From the situation in the month of June, the US machine tool production was 917 units, an increase of 58 units from May. Machine tool consumption in June was $135.85 million, an increase of 22% from May, but a decrease of 69.2% compared to the same period last year.
In terms of product categories, metal cutting machine consumption in June was US$101.71 million, up 9.5% from the previous month, but down 71.4% from the same period of the previous year. The consumption of metal forming and manufacturing machine tools was US$24.46 million, a higher increase than the previous quarter, reaching 153.3%.

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