2012 Business Outlook Report: Energy's Hot - But Is That All We Got?By Kim Phelan
Article Date: 01-01-2012
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Survey shows widespread expectations for slightly improved conditions for distributors.
As dealers were closing out 2011, a strange dichotomy was characterizing the North American construction equipment marketplace, in a way splitting distributors into the haves and the have-nots according to a geographic luck of the draw. Those fortunate enough to be doing business in proximity to energy-related booms - chiefly oil and gas - as well as ag and mining, experienced a very favorable year. Those who are not able to participate in these sectors were generally characterizing 2011 as an OK year at best.
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