under pressure from numerous
market forces. The oil sector's
decline, weakened global economies
(particularly China) and local government policies outnumber and outweigh relieving forces such as the FAST Act, leaving the industry in a general downturn. The outlook has yet to become truly grim, but companies are beginning to scale back.
Market needs push in 2013, but will it get one? The construction/off-highway
industries have been here before. New equipment, technologies and innovations during an economic standstill that some have been dealing with since 2007.