According to a Sept. 8, 2023, Farm Equipment text poll, U.S. dealers are forecasting mixed results for wholegoods sales in the fourth quarter compared to last year. 40% of responding dealers expect equipment sales to be up 2-10% year-over-year in the upcoming quarter, and another 24% of dealers are expecting flat sales.
A total of 36% of dealers expect fourth quarter wholegood sales to decline vs. the same period last year. Among those dealers, 20% are expecting sales to be down 2-10%, while 16% are forecasting sales to be down in the 11-19% range.
No dealers are expecting sales to be down 20% or more. Likewise, no dealers forecast sales to be up more than 10% compared to 2022’s fourth quarter.
Text "Farm" to 833-413-2175 to join the text poll panel.
