On October 10, the American Manufacturing Technology Association (AMT) and the American Machine Tool Distributors Association (AMTDA) released the latest statistics on orders for US metalworking machines. In August 2011, the number of orders for metalworking machines in the United States was 2,188 units, an increase of 5.65% from 2,071 units in the previous month and an increase of 43.95% from 1,520 units in August 2010. In August, orders for US metalworking machines were $461 million, down 9.4% from last month's $508 million, but up 88.5% from August's $244 million. From January to August 2011, the cumulative order value of US metalworking machine tools was US$3.439 billion, a significant increase of 101% from US$1.711 billion in the same period in 2010. In terms of product categories, in August, the orders for metal cutting machines and metal forming machines in the United States were 2,036 and 152, respectively. In August, orders for metal cutting machines were US$ 418 million, up 3.5% from US$ 404 million in the previous month and 79.8% from US$ 232 million in August 2010. Orders for metal forming and manufacturing machines were 43 million. The US dollar fell sharply by 59.1% from the previous month's $105 million, but still surged by 256.9% from August 2010's $12 million. From January to August 2011, the US orders for metal cutting machine tools were US$3.067 billion, up 92.4% year-on-year; orders for metal forming and manufacturing machine tools were US$372 million, up 219.6% year-on-year. AMT Chairman Douglas Woods said: "Although recent news reports indicate that US economic growth may be stagnant, orders for manufacturing technology and machine tool industry have maintained a growth momentum. As orders show a significant increase over last year, the industry outlook is more optimistic, companies also see To the future development opportunities, it will increase new capital investment."
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