After sliding for the better part of the last year, North American (U.S./Canada) shipments of tractors and combines improved in September. Tractor and combine shipments totaled 20,057 units, up 13.1% from August and were up 4.1% last September.
After sliding for the better part of the last year, North American (U.S./Canada) shipments of tractors and combines improved in September. Tractor and combine shipments totaled 20,057 units, up 13.1% from August and were up 4.1% last September.
A leading indicator for future nonresidential construction spending continued to push higher in September. The September Dodge Momentum Index came in at 304.6, up from a downwardly revised 294.7 in August.
September light vehicle sales came in at a 16.4 million unit rate, up 3.8% from August and up 2.1% from the 15.8 million unit rate in September 2024. Light vehicle sales have now increased for the fourth consecutive month.
