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 market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.