- US Construction Machinery New Orders during the 12 months through October were 9.1% below the year-ago level.
- In the most recent elections, voters approved a record 94% of state and local ballot initiatives for transportation improvements, amounting to an overall countrywide commitment of $14 billion. This bodes well for construction in the coming years, and thus for cyclical rise in New Orders.
Construction Machinery, New Orders
U.S. Construction Machinery New Orders down 9.4% from the year-ago level.
October 27, 2020