Industry-leading economic firm ITR Economics provides heavy-duty equipment market trends to help OEMs stay up to date on top industry information and insights which can help them make better decisions during 2023.
Download the March 2023 Equipment Market Outlook
The March Outlook shows that as 2022 ended, the U.S. leading indicator moved down. However, new machinery orders in the U.S. in November reached a record high of $43.2 billion, up 15.5% from the November 2021 level. Several other numbers were up including U.S. farm machinery production, North American rotary rig count and U.S. Total Public Construction.
Industry-leading economic firm ITR Economics provides heavy-duty equipment market trends to help OEMs stay up to date on top industry information and insights which can help them make better decisions during 2023.
Download the March 2023 Equipment Market Outlook
The March Outlook shows that as 2022 ended, the U.S. leading indicator moved down. However, new machinery orders in the U.S. in November reached a record high of $43.2 billion, up 15.5% from the November 2021 level. Several other numbers were up including U.S. farm machinery production, North American rotary rig count and U.S. Total Public Construction.
To see the FREE full report, download the March 2023 Equipment Market Outlook which provides detailed analysis of the latest global economic developments and forecasted trends in the market with easy-to-read infographics.
