U.S. Farm Machinery Production

Total shipments in the United States. Measured in billions of dollars, NSA.

Us Farm Machinery
  • U.S. Farm Machinery and Equipment Supplies during the 12 months through June were down 17.9% from 1 year ago. June Supplies were down 6.4% from June 2019 after declines of more than 20% in April and May relative to those months in 2019.
  • The severity of decline in U.S. Rail Freight Carloads is increasing, suggesting a business cycle low in Supplies is unlikely to materialize in the coming quarters. However, upturns in commodity prices bode well for recovery in Supplies no later than the middle of next year. 
    Us Farm Machinery