Status and Forecast

September 28, 2010

Construction-Equipment Price Index

Construction-equipment prices have been nearly steady after a 3-percent price increase last spring. Credit the end of the price spurt to steady to slightly lower steel prices due to the start up of substantial new capacity, largely in China, as well as much slower growth in equipment orders in the recent months following a doubling of orders in the previous two years. Expect smaller periodic price increases because manufacturing capacity is still strained.

Construction-Equipment Price Index

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