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

  • Plans in hand for bauma 2016 exhibition, with positive market outlook
    May 18, 2015
    The organisers of the bauma exhibition in Germany predict a positive future for the construction market in 2016. Large increases are expected in the North American market while there are also pPositive trends in the Near and Middle East. Last year North America and Europe were the most dynamic construction machinery markets in the world according to data from the bauma organisers. Some market experts believe that this trend could continue in 2015. This is one of the reasons why the market in construction
    Read More
  • Italian construction equipment sales inch upwards, Unacea reports
    April 30, 2015
    In the first quarter of 2015, sales of construction equipment in the Italian market reached 1,605 units, a rise of 19% year on year. Sales of earthmoving machines were up 16% to 1,556 units and road machine sales jumped nearly 400% to 49 units. Paolo Venturi, president of Unacea, the Italian Construction Equipment Association, said the first quarter figures look promising and continue an upward trend that started last year. But there is still a long way to go because there has been an 80% loss of sales in
    Read More
  • VDMA optimistic for machine sales
    July 16, 2015
    The VDMA is the German equipment manufacturing association and says it is optimistic with regard to machine demand. The VDMA’s latest forecast for the construction equipment business segment in 2015 suggests market growth of 4%. According to the VDMA, the bauma 2016 construction equipment event in Munich in spring 2016 will also provide strong impetus for machine sales. German construction equipment manufacturers are more optimistic at the middle of the year than they were at the beginning – "even though u
    Read More
  • ConExpo Russia: Planning starts for 2009
    July 23, 2012
    The AEM says that its inaugural trade show in the Russian capital "exceeded expectations." Patrick Smith reports The first CONEXPO Russia, held in the capital Moscow, attracted some 6,000 attendees, according to the organisers. The Association of Equipment Manufactures (AEM) said after the inaugural event in September that more than 50% of the 2008 exhibition space had already been sold for the 2009 exposition. "Leading construction equipment companies from around the world that supported the first ever CON
    Read More

Highlighted Content