November 2021 Equipment Market Outlook

Slower growth trends are ahead, but heavy equipment demand is expected to remain positive in the coming quarters and into 2022.

November 1, 2021
Slower Growth Trends Likely in Coming Months
Slower Growth Trends Likely in Coming Months
Dave Haglund

Industry-leading economic firm ITR Economics provides these monthly heavy-duty equipment market trends to help OEMs stay up to date and gain more knowledge and insights to help them make better decisions.

The November 2021 outlook shows equipment demand remains strong, but indicators are showing slow growth is likely in the coming quarters. Despite this, demand is expected to remain positive.

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