Construction Machinery, New Orders:

Annual U.S. Construction Machinery New Orders were 11.2% below the year-ago level

Machinery
  • Annual U.S. Construction Machinery New Orders totaled $32.3 billion in March and were 11.2% below the year-ago level.
  • Disruptions to construction markets and ongoing recession in the industrial sector are contributing to the current decline. Trends in the U.S. Architecture Billings Index suggest decline will extend into at least the second half of 2020.

Machinery

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