After several years of accelerated growth, the construction machinery manufacturing industry faces difficult times ahead as residential construction spending in the United States falls off a cliff and end users curb purchases of new equipment. Although the market increased seven percent in 2006, the signs were already there that 2007 looked to be rough year—at least for most.
This all-new comprehensive report takes an in-depth look at the state of the construction machinery manufacturing industry as it stood in mid-2007. Included in this report are data and analysis of shipments, imports and exports; and apparent consumption of the U.S. market. The report also covers major trends affecting the industry including residential versus non-residential construction markets; general economic factors and in-depth profiles as well as discussions of marketing and distribution efforts of key players.
Report data were obtained from government sources such as the U.S. Census Bureau, the U.S. Department of Commerce, and the Bureau of Labor Statistics; trade associations such as the Association of Equipment Manufacturers, business journals such as Engineering News-Record magazine, and company literature and websites.