Pace of Equipment Sales Slow But Steady in December

 

The latest report on North American tractor and combine sales from the Assn. of Equipment Manurfacturers shows December retail output moderated compared to the previous month.

“U.S. and Canada large tractor and combine retail sales weakened somewhat in December, falling 4% year-over-year after 14% growth in November, as a result of more difficult prior-year comparisons and the reset of 2011 bonus depreciation rules,” says Robert McCarthy, analyst for RW Baird.

“Overall, 4WD tractor and combine…

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