Construction Machinery Orders to Grow into 2022

U.S. Construction Machinery New Orders were up 20.5% through June 2021. Although housing permits have declined, slow growth is expected for construction equipment orders into early 2022.

Agricultural equipment sales in the U.S. and Europe were both above year-ago levels in June. However, indicators are showing the potential for slower growth or even declines in the coming quarters.

READ MORE: Off-Highway Equipment Markets Have Rebounded in 2021

View the corresponding Equipment Market Outlook charts for more data

NOTE: All data for charts supplied by ITR Economics