U.S. Construction Machinery Exports Down 21% at Midyear
U.S. construction machinery exports dropped 21% 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. Nearly all world regions recorded double-digit declines, except Central America, with a double-digit gain.
For construction equipment exports for the first half of 2013, compared with midyear 2012: