Bank Reports no Recession Next Year for Construction Equipment

The outlook for next year is anything but gloomy for the construction equipment industry. This comes from a popular Equipment Finance Optimism Quotient for 2019.A major banking Senior Economist made a confident statement that the next 2 years showed promising forecasts for commercial construction and the construction equipment industry. He based his optimism on the Optimism Quotient of 122 in 2019. While there was a peak of 133 in 2018, anything over 100 points to strong growth.

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