March Construction Machinery Shipments

March Construction Machinery Shipments Down, Domestic Demand Up First Time in Four Months

According to the Japan Construction Equipment Manufacturers Association, March construction equipment shipments amounted to 244.7 billion yen ($2.24 billion). This was down 9 percent from March of the previous year and represented an eighth consecutive month of decline. Domestic demand amounted to 118.2 billion yen, up 2 percent year on year, while overseas demand fell 18 percent year on year...

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