The world’s Great Recession is the equipment sector’s Depression, according to a September report jointly issued by the Association of Equipment Manufacturers and the Associated Equipment Distributors. The sales slump dominated AEM’s annual conference, held Nov. 15-17 in Hollywood, Fla. Photo: AEM IDLED Equipment parade with 5,500 warning flags—each representing 100 lost jobs—drove home the message of equipment sector’s distress. + Image Source: IHS Global Insight Construction Investment And Equipment Sales The contraction of original-equipment manufacturers (OEMs) is “unprecedented in the post-war era,” says the report, prepared by IHS Global Insight for Milwaukee-based AEM and Oak Brook, Ill.-based AED. “The
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.