Analysis of the growth trend of US machine tool consumption in the second half of 2010
Poultry Farm,Poultry Sheds,Poultry Shed,Chicken House,Poultry House Prefab House Co., Ltd. , http://www.china-steelframe.com
US machine tool consumption increased more than expected in July
In July 2010, the number of orders for machine tools in the United States was 1,444 units, a decrease of 2.43% from 1480 units in the previous month. Among them, the order quantity for metal cutting machine tools was 1,372 units, and the order quantity for metal forming machine tools was 72 units. In July, US machine tool consumption totaled US$266 million, an increase of 10.1% from US$242 million in the previous month and an increase of 72.6% from US$154 million in July 2009. From January to July 2010, the cumulative consumption of machine tools in the United States was $1.474 billion, an increase of 58.9% from $928 million in the same period in 2009.
AMTDA Chairman Peter Borden said: "The growth of machine tool consumption in July exceeded our expectations, and there was no normal summer season for the off-season. In recent days, the International Manufacturing Technology Exhibition IMTS2010 was held for the market to continue manufacturing since January this year. The momentum of continued strong recovery is a very important indicator."
In August, US machine tool consumption decreased by 5.7% from the previous month and increased by 88%.
In August 2010, the number of orders for machine tools in the United States was 1,478 units, an increase of 3.87% from 1423 units in the previous month. Among them, the order quantity for metal cutting machine tools was 1,382 units, and the order quantity for metal forming machine tools was 96 units. In August 2010, US machine tool consumption totaled $246 million, down 5.7% from last month's $261 million, but also up 88% from August 2009's $131 million. From January to August 2010, the cumulative consumption of machine tools in the United States was $1.698 billion, an increase of 62.4% from $1.045 billion in the same period in 2009.
AMT Chairman Douglas K. Woods said: "Although the summer is a regular off-season, US machine tool orders in the first eight months of 2010 increased by more than 60% compared to the same period in 2009. Due to the strong request of the Association, Congress will extend the depreciation allowance to In December of this year, we expect a strong recovery in industry orders to continue until the end of the year."
US machine tool consumption in September increased by a year-on-year
In September 2010, the number of orders for machine tools in the United States was 1992, an increase of 38.6% from 1,437 units in the previous month. Among them, the number of orders for metal cutting machines was 1,862, and the order for metal forming machines was 130. In September 2010, US machine tool consumption totaled US$400 million, a significant increase of 66.1% from the previous month's US$241 million and an increase of 156.8% from September 2009's US$156 million. From January to September 2010, the cumulative consumption of machine tools in the United States was $2.09 billion, an increase of 74.1% from $1.2 billion in the same period in 2009.
AMTDA Chairman Peter Borden said: "September 2010 can be said to be a watershed in the industry from the recession of 2008-2009 to recovery. In September, sales of US machine tools reached 1992, which is the highest since September 2008. Reflecting the industry rebound and the control position maintained by the US manufacturing industry. More notably, this is the result of the current operation of many factories that need to purchase capital goods, still below their capacity, despite the current credit crunch, There are also problems with government debt and potential tax increases. The success of IMTS and the depreciation of the US dollar are all catalysts for industry recovery."
US machine tool consumption increased by 2.3% in October from a year-on-year increase of 89%.
In October 2010, the number of orders for machine tools in the United States was 2,036 units, an increase of 2.3% from 1990 units in the previous month and 89% from 1077 units in October last year. Among them, the number of metal cutting machine tools was 1,951 units. The order quantity of machine tools is 85 units. In October, US machine tool consumption totaled $387 million, a sharp drop of 2.5% from last month's $397 million, and an increase of 154.9% from October's $152 million. From January to October 2010, the cumulative consumption of machine tools in the United States was 2.477 billion US dollars, an increase of 83.2% over the same period of 2009 of 1.352 billion US dollars.
AMT Chairman Douglas K. Woods pointed out: "October machine order results can be so close to September, which has never happened in the history of IMTS. In the future, the tax exemption bill will give the new year of US manufacturing Great driving force."