Ag Equipment Intelligence compared data in the latest Rural Lifestyle Dealer Business Outlook & Trends survey from respondents who are primarily either farm equipment or rural lifestyle dealers.
In their service revenue forecasts for 2023, half of dealers are forecasting growth of 2% or more, with 15.1% forecasting growth of 8% or more. Just 8.5% forecast a decline in service revenue over 2%.
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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.