This Producer Price Index (PPI) for ag equipment and parts illustrates the average change over time in selling prices received by domestic producers of goods and services.
The Farm Machinery Manufacturing Producer Price Index was up 13.6% year-over-year in February (+200 bps sequentially), the strongest growth in Baird’s historical tracker (dating back to 2005).
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.