U.S. Construction Machinery Exports Down

 

All world regions recorded double-digit declines in construction equipment exports for the first half of 2009, led by Europe and Canada. Exports declined 53 percent to Europe for a total $777 million, and dropped 45 percent to Canada for a total $1.8 billion.
Photo: Cramo Construction Machinery

U.S. construction machinery exports dropped 36 percent during the first half of 2009, with $6.4 billion shipped to global markets compared to $10.1 billion at midyear 2008, according to the Association of Equipment Manufacturers (AEM).

The AEM off-road equipment manufacturing trade group consolidates U.S. Commerce Dept. data with other sources into global trend reports for members. This could be a good time to buy landscape equipment as manufacturers may want to unload inventory.

Courtesy of Association of Equipment Manufacturers