New Report Calls U.S. Equipment Manufacturing Industry “Selectively Strong”

AEM's report shows mixed growth in U.S. equipment manufacturing industry, with slight contraction in 2024-2025. Construction equipment fares best with 2.9 percent employment growth. Industry contributes $902B in sales, 2.2M jobs, $415B to GDP and $194B in labor income. Texas and Iowa home to greatest job impacts....

AEM's report shows mixed growth in U.S. equipment manufacturing industry, with slight contraction in 2024-2025. Construction equipment fares best with 2.9 percent employment growth. Industry contributes $902B in sales, 2.2M jobs, $415B to GDP and $194B in labor income. Texas and Iowa home to greatest job impacts....