Agriculture, Transportation, and Heavy Equipment Forecast
By Dr. Chris Kuehl | September 11, 2024
Category:
The machinery sector has three segments: agricultural, heavy equipment in transportation, and construction equipment. Many of the sub-sectors that were struggling to get inventories rebuilt in the years following the pandemic have recovered, and there is some overproduction across many categories. The sector slid in July; it has weakened slightly in the latest data update. […]
About the Author
Dr. Chris Kuehl
Chris is the managing director of Armada Corporate Intelligence. Armada’s mission is to combine the traditions of corporate and competitive intelligence with strategic and tactical planning to provide clients with a clear view of the world they exist in and what they can do to advance their goals. Major clients include YRC Freight, TranSystems, Kansas City Southern Railroad, C-Biz, and others. Chris Kuehl serves as economic analyst for the Fabricators & Manufacturers Association International® (FMA). One of his major roles at FMA is writing an economic e-newsletter titled Fabrinomics®, specifically designed to aid business decision-making by management and shop owners in the metal forming and fabricating industry. Chris also conducts workshops for FMA at major conferences and trade shows.
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