According to the latest figures from the 1100 Association of Equipment Manufacturers (AEM), exports of US construction machinery rose 15% in the January-June period compared to 2009.
Exports of equipment increased in the second quarter of 2010, reaching a total value of US$7.4 billion.
The AEM off-road equipment manufacturing trade group consolidates US Commerce Department data with other sources into global trend reports for members. "These numbers are encouraging, especially after the double-digit declines of last year.
With US markets still sluggish, they underscore the importance of global trade to the construction equipment industry," stated Al Cervero, AEM senior vice president.
"Export business helps US manufacturers keep their doors open, and Congress can help create more jobs by passing free trade agreements still pending with Colombia, Panama and Korea." He continued, "We also need to rebuild our crumbling infrastructure to get products to market more efficiently; here, too, Congress can help by timely passage of a long-term, adequately funded "highway bill."
These two actions would result in more sustainable jobs and business growth than any short-term stimulus package."
Exports of equipment increased in the second quarter of 2010, reaching a total value of US$7.4 billion.
The AEM off-road equipment manufacturing trade group consolidates US Commerce Department data with other sources into global trend reports for members. "These numbers are encouraging, especially after the double-digit declines of last year.
With US markets still sluggish, they underscore the importance of global trade to the construction equipment industry," stated Al Cervero, AEM senior vice president.
"Export business helps US manufacturers keep their doors open, and Congress can help create more jobs by passing free trade agreements still pending with Colombia, Panama and Korea." He continued, "We also need to rebuild our crumbling infrastructure to get products to market more efficiently; here, too, Congress can help by timely passage of a long-term, adequately funded "highway bill."
These two actions would result in more sustainable jobs and business growth than any short-term stimulus package."
