Construction Equipment Remains Hot – Construction Spending NotBy Eli Lustgarten
Article Date: 06-01-2011
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Data supports that 2011 purchasing is still on course for 30 percent increase.
Construction spending in the U.S. remains challenged with current data pointing to minimal growth at best in 2011. Yet purchases of construction equipment in the U.S. improved dramatically in the first quarter of 2011. Just ask anyone who was part of the nearrecord attendance at the recent highly successful CONEXPO exhibition in Las Vegas. The atmosphere was as upbeat as it has been in years, and the buzz on the floor was for strong order activity and lengthening delivery lead times.
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