Value of Construction Equipment Shipped Down Almost 11% for August

The value of construction equipment shipped in August fell 10.9 percent year-on-year, the 13th consecutive month of decline, according to data compiled by the Japan Construction Equipment Manufacturers Association (CEMA). Export demand fell for the 16th consecutive month, while Japanese demand fell for the fifth straight month. Japanese demand grew for five types of equipment such as construction cranes, concrete…

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