Dealers are reducing their capital spending and reporting fewer early orders, according to the final results of the 2024 Dealer Business Outlook & Trends report.
15% of dealers are reporting an increase in early orders for 2024, down from 51% who had reported an increase in early orders for 2023. At the same time, 56% of dealers are reporting declines in early orders for 2024, with 15% reporting a decline of more than 10%. This…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
