Construction-equipment shipments through September remained at the same steady level recorded overthe last year with orders and manufacturers backlogs improving during the summer. This reflects the more optimistic market outlook prior to the credit freeze. An exaggerated drop in equipment shipments is now expected in the fourth quarter. Shipments are then expected to stabilize at a pace as much as 10 percent below the 2009 level. Equipment shipments for high-rise buildings and site development will decline most. For more analysis, visit Economic Outlook at ConstructionEquipment.com.
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