Abstract
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.
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