U.S. farm equipment dealers estimate that 11% of fourth quarter sales of wholegoods were a direct result of end-of-year tax buying due to expiring bonus/accelerated depreciation at the end of 2011, according to the January 2012 “Dealer Trends & Business Outlook” report published by Ag Equipment Intelligence.
Ag Equipment Intelligence and Cleveland Research Co. compiles the report monthly. Nearly 300 dealers participated in the survey, which was conducted in late December.
In the survey, dealers…
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