Shortage of Big Machinery Continues Amid Explosive Buying Spree
Construction companies and rental firms bought tons of iron this year, giving vendors little chance to come up for air. "The good news is that Im sold out," says one manufacturing executive. "The bad news: Im sold out."
A slower rate of growth next year is expected to bring welcome relief. General equipment will be more available but larger machines will remain in short supply until 2007. "We are in the fourth