On May 9, 2011, the American Manufacturing Technology Association (AMT) and the American Machine Tool Distributors Association (AMTDA) published the latest statistics on US machine tool consumption. In March 2011, the number of orders for machine tools in the United States was 2,576 units, an increase of 47.96% from 1,741 units in the previous month and an increase of 99.4% from 1,391 units in March 2010. In March 2011, US machine tool consumption was $511 million, an increase of 57.6% from last month's $324 million, and a 99% increase from March 2010's $257 million. In the first quarter of 2011, the cumulative consumption of machine tools in the United States was $1.204 billion, a significant increase of 118.6% from $550 million in the same period in 2010.
In terms of product categories, in March 2011, the orders for metal cutting machines and metal forming machines in the United States were 2,425 units and 151 units, respectively, both of which were significantly higher than last month. Metal cutting machine tool consumption was $476 million, an increase of 59.4% from last month's $299 million and an increase of 111% from March 2010's $226 million. The consumption of metal forming and manufacturing machine tools was $34.69 million, a 37% increase from last month's $25.32 million and a 99% increase from March 2010's $31.07 million. In the first quarter of 2011, US metal cutting machine tool consumption was US$1.114 billion, up 121.3% year-on-year; metal forming and manufacturing machine tool consumption was US$89.86 million, up 89.7% year-on-year. AMTDA Chairman Peter Borden pointed out: "In March 2011, the growth of US machine tool sales exceeded expectations, showing a good signal of the US economy."
In terms of product categories, in March 2011, the orders for metal cutting machines and metal forming machines in the United States were 2,425 units and 151 units, respectively, both of which were significantly higher than last month. Metal cutting machine tool consumption was $476 million, an increase of 59.4% from last month's $299 million and an increase of 111% from March 2010's $226 million. The consumption of metal forming and manufacturing machine tools was $34.69 million, a 37% increase from last month's $25.32 million and a 99% increase from March 2010's $31.07 million. In the first quarter of 2011, US metal cutting machine tool consumption was US$1.114 billion, up 121.3% year-on-year; metal forming and manufacturing machine tool consumption was US$89.86 million, up 89.7% year-on-year. AMTDA Chairman Peter Borden pointed out: "In March 2011, the growth of US machine tool sales exceeded expectations, showing a good signal of the US economy."
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