Equipment Demand May be Slipping
Abstract:
US construction equipment manufacturers continue to be in a “maintenance” market as they have been for about a year. Shipment and orders are varying month by month in a very narrow range. They are averaging high enough to avoid discount pricing but not high enough to permit the margins they realized in the 2005-06 equipment boom.
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US construction equipment manufacturers continue to be in a “maintenance” market as they have been for about a year. Shipment and orders are varying month by month in a very narrow range. They are averaging high enough to avoid discount pricing but not high enough to permit the margins they realized in the 2005-06 equipment boom.