Construction Equipment Distribution magazine is published by the Associated Equipment Distributors, a nonprofit trade association founded in 1919, whose membership is primarily comprised of the leading equipment dealerships and rental companies in the U.S. and Canada. AED membership also includes equipment manufacturers and industry-service firms. CED magazine has been published continuously since 1920.

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Construction Equipment Spending: Will Politics Abort the Recovery?

By Eli Lustgarten

Sales are firm for now, but bright spots are more difficult to find. Rental is one of them.

The saga continues. Virtually every major region of the world remains engulfed with significant political issues with minimal progress as the months fly by. Since my last writing: Europe volatility continues. Financial concerns remain elevated, and the new socialist government in France may foreshadow a change in leadership in Germany (Spring 2013). n China’s turmoil continues with economic bubbles in an opaque economy amidst a major changeover in the Politburo. Their economic slowdown is more severe than anticipated. Brazil continues to be plagued with a strong currency and government turmoil. U.S. politics are heating up as we get closer to the major elections in the fall of 2012. Still no progress on a potential FY2013 budget stalemate in October, and a mandated sequestering of funds and massive tax hikes on Jan. 1, 2013.

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Associated Equipment Distributors (AED) is an international trade association representing companies involved in the distribution, rental and support of equipment used in construction, mining, forestry, power generation, agriculture and industrial applications. AED member dealers are unique in that they are each authorized, via contract with an original equipment manufacturer, to inventory, sell and service new machinery in a given geography. More than 90% of AED's factory authorized dealers rent construction equipment as well. The Associated Equipment Distributors strongly adheres to and strongly advocates principles of integrity, ethics and fairness. The AED urges its members to conduct their businesses ethically and compatibly with the free enterprise system and the laws which govern it. Contractors can locate factory authorized construction equipment dealers at the MachineMart® web site.
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