2019 Annual Report & Forecast Provides Optimism
Posted on: 08 Jan 2019
CASE partners each year with Construction Equipment magazine to produce the Annual Report & Forecast, a quick recap of the year before and an in-depth look into industry confidence and intention heading into the new year. As Construction Equipment Editorial Director Rod Sutton comments in his opening article of the 2019 report, the industry anticipates positive movement in the new year.
“Transportation, nonresidential, and fleet managers scored last year as “very good,” and each forecast the same for 2019. The momentum begun in 2017 appears to be sustainable in these vocations. Home building and water infrastructure also expect 2019 to perform better, after each fell short of expectations in 2018. Respondents in the home building arena expect to move into “very good” territory this year; those in the water industry expect to move from an “average” 2018 to a “good” 2019.”
You can download the full report here that breaks down numerous markets important to equipment buyers and fleet managers, and watch the video above for a high level overview of the 2019 report.