US manufacturing technology industry consumption rose 82.7% year-on-year

According to statistics from the American Machine Tool Distribution Association and the American Manufacturing Technology Association, the total US technology consumption in November 2009 reached US$318 million, a decrease of 17.7% from the previous month, but an increase of 81.1% compared with US$176 million in the same period last year. From January to November last year, US manufacturing technology consumption totaled 2.793 billion, an increase of 82.7% compared with 2009. “November statistics show that US manufacturing is picking up,” said Peter Borden, president of the American Machine Tool Distribution Association. “We are confident that this data will continue to grow in 2011, although capacity utilization is below a threshold, but it is very The normal phenomenon, so the purchasing power still exists."
 

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