US metal processing machine orders hit record highs in March

Summary Statistics show that in the first quarter of 2014, the volume of orders for metalworking machines in the United States was 6,247. Orders were US$1.228 billion, a slight increase of 0.9% year-on-year. Among them, Japanese machine tools imported were 56.808 billion yen, or about 556 million US dollars. Japan continues to be beautiful...
Statistics show that in the first quarter of 2014, the volume of orders for metalworking machines in the United States was 6,247. Orders were US$1.228 billion, a slight increase of 0.9% year-on-year. Among them, Japanese machine tools imported were 56.808 billion yen, or about 556 million US dollars. Japan continues to be the largest source of machine tools in the United States. In addition, the import of machine tools in Taiwan is 87.64 million US dollars.

By region, orders in the middle and northeastern regions of the United States were the highest in the first quarter, at $370 million, an increase of 4.8% year-on-year. Orders for metal cutting machine tools in the Northeast region were US$210 million, a year-on-year increase of 23.6%. The remaining parts are the western region, the central and southern regions, the central and northwest regions, and the southeast region.

Douglas K. Woods, president of AMT, said that the current US PMI index, durable goods orders and car sales are excellent, and the manufacturing industry will continue to lead the US economy. It is worth noting that the order in March this year reached a record high. The previous highest value was created in the IMTS exhibition month in September 2012. The reason for the high order in March this year was caused by the delay in the order caused by the winter. IMTS2014 is coming soon, and it is expected that US machine tool orders will maintain a high growth trend in the next few months until 2015.

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