AEM reports stronger market conditions

According to the latest figures from the Association of Equipment Manufacturers (AEM), exports of US construction machinery rose 15% in the January-June period compared to 2009. Exports of equipment increased in the second quarter of 2010, reaching a total value of US$7.4 billion. The AEM off-road equipment manufacturing trade group consolidates US Commerce Department data with other sources into global trend reports for members.
May 28, 2012 Read time: 2 mins
According to the latest figures from the 1100 Association of Equipment Manufacturers (AEM), exports of US construction machinery rose 15% in the January-June period compared to 2009.

Exports of equipment increased in the second quarter of 2010, reaching a total value of US$7.4 billion.

The AEM off-road equipment manufacturing trade group consolidates US Commerce Department data with other sources into global trend reports for members. "These numbers are encouraging, especially after the double-digit declines of last year.

With US markets still sluggish, they underscore the importance of global trade to the construction equipment industry," stated Al Cervero, AEM senior vice president.
"Export business helps US manufacturers keep their doors open, and Congress can help create more jobs by passing free trade agreements still pending with Colombia, Panama and Korea." He continued, "We also need to rebuild our crumbling infrastructure to get products to market more efficiently; here, too, Congress can help by timely passage of a long-term, adequately funded "highway bill."

These two actions would result in more sustainable jobs and business growth than any short-term stimulus package."

For more information on companies in this article

Related Content

  • US increased transportation budget proposals
    July 12, 2012
    IRF's Washington Programme Centre provides an update on some latest developments in the 2010 Budget plan There has been further recent action from both Congress and the White House on budget plans that will guide the Transportation Reauthorization Bill for the next six years. On 7 May, President Obama proposed large increases for rail and highways in his 2010 Budget plan, including the largest amount of funding that any President has sought for Amtrak, or for the development of high-speed rail in the United
    Read More
  • The new agile world of the construction equipment industry
    June 22, 2015
    while worldwide for 2015 a crystalball would be helpful, in Europe the sector has already listed specific priorities it wants to tackle, and among these are the upcoming emissions regulations (see separate story), external trade and access to foreign markets, and market surveillance.
    Read More
  • Italian manufacturer body Unacea reveals machine exports
    October 31, 2014
    The Italian construction equipment manufacturer body Unacea has revealed comprehensive information on machine sales and exports. The data shows that construction machine sales in Italy grew 12% in the first nine months of 2014. However exports fell 7% and Unacea believes that the export performance of Italian manufacturers on the world market will have shrunk by the end of the year compared with the figures for 2013. Over the first nine months of 2014, construction equipment sold in the Italian market sto
    Read More
  • A bridge of hope?
    July 18, 2012
    As Russia prepares for a major Asia Pacific conference in nearly four years' time, the economic climate is felt in other countries in the region. Patrick Smith reports AUS$1 billion-plus suspension bridge is to be built to link the city of Vladivostok in the far east of Russia and Russky Island. Russia's President Dmitry Medvedev has signed an instruction for construction of the 3,150m long bridge, which is intended to provide access to the 24th Asia Pacific Economic Cooperation (APEC) summit, to be held o
    Read More

Highlighted Content