Construction Equipment Economic Outlook: Stability is on the Horizon

Fiscal stimulus has played a pivotal role in helping the U.S. economy recover.

Over the next couple of years, though, additional proposals carry a lot of potential for the construction industry in particular.

“We’ve included the American Jobs Plan (AJP) in our economic forecast,” said Mark Killion, director of U.S industry at Oxford Economics. “That is a significant assumption. There is a big infrastructure component to the AJP that could offer a lot of fuel for growth.”

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