The COVID-19 pandemic continues to take a toll on an industry that represents 12% of the U.S. manufacturing sector, according to a new survey released today by the Assn. of Equipment Manufacturers (AEM).
Nine out of 10 U.S. equipment manufacturers say the COVID-19 pandemic has had a very negative impact on the economy while more than half believe it has had a very negative impact on the industry overall, according to results of a survey released today by the Assn. of Equipment Manufacturers (AEM).
According to the latest survey conducted by the Assn. of Equipment Manufacturers (AEM) and the Equipment Dealers Assn. (EDA), manufacturers and dealers are more in agreement on new-equipment inventory levels than they have ever been in the past.
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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.