Recent News About Construction, Farm Machinery, and Heavy Trucks Industry

The Construction, Farm Machinery and Heavy Trucks industries have all been hit to some extent by the US recession.  US construction starts, including both commercial real estate and single-family housing/residential real estate have been down but are coming back in 2014. Real estate sales appear to be improving across the board in the US as the economy heads into the second quarter of 2014.

The real estate market impacts both construction and farm machinery to the extent that property sales affect both the demand for building and the demand for machines of production for farms.  While commercial and residential construction have picked up, the same cannot be said for farm real estate and farming in general.

With the surge in the economy worldwide in 2014, all three sectors stand a chance to improve market performance. The demand for farm equipment is not being aided by the droughts and flooding of 2014; recovery from the effects of those catastrophes will have to pick up during the third quarter of 2014. As the year unfolds, the industries appear to be regrouping from the weak economy and are positioned for a resurge in later 2014. Let’s see how this effect one of the leading construction company of industry, Caterpillar Inc.