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AEM provides informational resources which outline Association actions on behalf of members and the industry as well as business and economic updates that directly impact equipment manufacturers.
These include Association newsletters and news releases, the CINN news service, and Industry Trends.
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U.S. Ag Flash Report For March 2009 Now Available
The U.S. Ag Flash Report for March 2009 is now available for viewing. The report compares monthly data from the current and past year of the U.S. unit retail sales of two- and four-wheel drive tractors and self-propelled combines. (4/16/2009)
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AEM Economic Indicators Report for April 2009 Now Online
News headlines have recently relayed hope that an economic recovery may arrive sooner than previously expected. While a few economic indicators have surprised on the upside in the last couple of months, the economy still remains in deep recession. The March employment report by the Bureau of Labor Statistics showed that payrolls shrank by 663,000 jobs, with the unemployment rate rising from 8.1 to 8.5 percent, the highest since December 1983. Since December 2007 (when the recession started), the economy has shed 5.1 million jobs, with 3.3 million having been lost in the last five months alone. (4/16/2009)
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New Dodge Report Now Online - February Construction Falls 8 Percent
At a seasonally adjusted annual rate of $376.2 billion, new construction starts in February dropped 8% from the previous month, it was reported by McGraw-Hill Construction, a division of The McGraw-Hill Companies. (4/6/2009)
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March's Econ 101 Report: Predawn Darkness?
Looking at incoming data, I am not sure which parent was right! As I write this, we are on the verge of seeing an enormous stimulus package passed and signed into law-a package that will undoubtedly help boost the economy not because it is well crafted, targeted, timely, and temporary, which it is not, but because it is so darn big! In contrast, the credit markets are still locked up, and job losses are mounting, people are not spending, and nobody is investing. I still think that the economy will bottom out by the end of the summer and show a bit of growth toward year-end, but that may be more of a wish than a forecast. (3/4/2009)
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February's Econ 101 Report: Wintry Mix?
You have to love weather forecasters. When the outlook calls for freezing rain, sleet, snow, and ice-truly horrid driving conditions-they cheerily label it a wintry mix. It just sounds so much better! Well, if it works for the weather, why not for the economy? (2/10/2009)
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January's Econ 101 Report: Stabilization and Stimulus
Well, it's official. We are in a recession. In November, the National Bureau of Economic Research (NBER) declared that the economy officially entered a recession in December 2007. That's right! One year after we started declining, NBER told us what most people already knew-all was not right in our economy. (1/5/2009)
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November's Econ 101 Report: Recession!
The U.S. economy, which has been weathering a Katrina-like onslaught of building intensity for over two years, appears to have finally succumbed and entered a recession. While the folks at the National Bureau of Economic Research (NBER) are yet to officially call the downturn, we believe that the unwinding of the housing bubble, severe problems in the financial markets, oil price spikes last summer, sharp declines in equity prices, and, most recently, a virtual freeze-up in the credit markets have sapped the economy's last bit of resilience. (11/4/2008)
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