![Us Construction Machinery New Orders](https://img.forconstructionpros.com/files/base/acbm/fcp/image/2021/01/US_ConstructionMachineryNewOrders.5fff640b787a3.png?auto=format%2Ccompress&fit=crop&h=288&q=70&w=512)
- US Construction Machinery New Orders during the 12 months through October were 9.1% below the year-ago level.
- In the most recent elections, voters approved a record 94% of state and local ballot initiatives for transportation improvements, amounting to an overall countrywide commitment of $14 billion. This bodes well for construction in the coming years, and thus for cyclical rise in New Orders.