The financial outlook for equipment manufacturers in the next 30 days is bearish, according to a survey by the Association of Equipment Manufacturers.

Kip Eideberg is the senior vice president of government and industry relations with AEM.  

“They continue to look at reducing forecasts for the rest of the year by as much as 30 percent,” he says. “The news for the next 30 days is probably even worse with continued decreased demand and reduced financial outlook.”   

Eideberg says the road to recovering

is lined with warning signs for the industry.

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