Growth Predicted for Construction, Mining Equipment Investment

After solid growth in 2017, investment in equipment and software should remain strong in 2018 and is projected to expand 7.9 percent (up from 7.0 percent in the third-quarter Economic Outlook published in July) according to the fourth-quarter update to the 2018 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation. 

Read More

U.S. Construction Machinery Exports Down 21 Percent

U.S. construction machinery exports dropped 21 percent during the first half of 2013, with $10.8 billion shipped to global markets compared to $13.7 billion at midyear 2012, according to the Association of Equipment Manufacturers (AEM). The AEM off-road equipment manufacturing trade group consolidates U.S. Commerce Dept. data with other sources into global trend reports for members.

Read More

Deere Announces Third-Quarter Record Earnings

Net income attributable to Deere & Co. in the third quarter was $996.5 million, or $2.56 per share, for the third quarter ended July 31, compared with $788.0 million, or $1.98 per share, for the same period last year. For the first nine months of the year, net income attributable to Deere & Co. was $2.730 billion, or $6.97 per…

Read More
1 2