Economic Contributions of the Off-Highway Equipment Industry
For 2016, the IHS estimates there was $31.3 trillion in total sales activity in the United States across all sectors; of that total, IHS estimates that $416.2 billion in sales was supported by the o -highway equipment and ancillary products industry’s economic activity. This occurred through approximately $266.5 billion in direct industry sales activity, such as the sales of equipment like skid steers and combines, which generated additional economic activity as dollars fl owed through the equipment manufacturing supply chain. [node:read-more:link]