Equipment Outlook In 2017 “in Better Shape” Than 2016

From: AgWeb Journal
The latest Rural Mainstreet Index says 74 percent of bankers still expect equipment sales to decline in 2017. At the National Farm Machinery Show, equipment manufacturers say inventory on dealer lots is in a much better position compared to 2016.

‪”Looking at inventories in general, it’s in better shape,” said Charlie O’Brien, senior vice president of Association of Equipment Manufacturers. “Is where we want it to be yet? It might not be quite where we want it to be, but it’s certainly in better shape than over the last two years.” Read More