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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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AEM Economic Indicators Report for November 2008 Now Online
The U.S. economy continues to weaken amid possibly the worst recession since the 1970s. The credit markets are essentially frozen, which is restricting consumer purchases. Indeed, preliminary third-quarter GDP figures show a 3.0 percent decline in consumer spending (seasonally adjusted annualized rate), the first decline since 1991 and the largest since 1980. (11/17/2008)
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New Dodge Report Now Online - September Construction Drops 5 Percent
New construction starts fell 5% in September to a seasonally adjusted annual rate of $529.9 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. (11/5/2008)
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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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Chair of AEM Small Enterprise Committee Testified on October 28 Before House Committee on Small Business
The Chair of AEM's Small Enterprise Committee, Richard A. Brown, testified before the House Committee on Small Business on October 28, 2008. Brown is the President and COO of Krause Corporation, based in Hutchinson, Kansas. The hearing is on "Creating Opportunities for Small Businesses in an Economic Recovery." (10/28/2008)
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U.S. Ag Flash Report For September 2008 Now Available
The U.S. Ag Flash Report for September 2008 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. (10/10/2008)
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October's Econ 101 Report: Media Myths and Corporate Taxes
The Government Accountability Office (GAO) in July published a report, Comparison of the Reported Tax Liabilities of Foreign- and U.S.-Controlled Corporations, 1998-2005, GAO-08-957, requested by Sens. (10/10/2008)
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FREE to AEM Members: Global Insight's Global & U.S. Construction Outlook Webcast
As market shocks collide and negative pressures build, a perfect storm has formed above the global construction industry. Fueled by a worldwide residential housing bust, record high energy and material costs, badly stressed banking systems, and falling consumer confidence, the intensity of the storm continues to grow. When will it end and are there any bright spots on the short-term horizon? Global Insight, with 40 years of expertise in economic and financial analysis, forecasting and market intelligence, presented their 5th Annual Construction Outlook webcast on October 1. But it's not too late! If you missed it, check out the replay anytime. (10/2/2008)
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