US CE exports still down at midyear
Exports of the US-made construction equipment (CE) were down 24 per cent overall at midyear 2016 compared to the first half of 2015 with a total $5.65 billion shipped to global markets. Europe was the sole region with a gain ? up 2 per cent, and South America and Africa led the double-digit declines, according to the Association of Equipment Manufacturers (AEM), citing US Department of Commerce data it uses in global market reports for members.

?For the past 14 quarters, the US exports of construction equipment have declined year over year and at the midpoint in 2016, that trend remains unchanged,? said Benjamin Duyck, Director of Market Intelligence, AEM.

The January-June 2016 US construction equipment exports by major world regions compared to January-June 2015: Canada dropped 23 per cent, for a total $2.4 billion;   Europe gained 2 per cent, for a total $898 million; Central America fell 7 per cent, for a total $696 million; Asia decreased 28 per cent, for a total $664 million; South America declined 49 per cent, for a total $504 million; Australia/Oceania fell 30 per cent to $294 million; and Africa declined 43 per cent to $220 million.