Farm Equipment Shipments Rose 7.6% in April

Farm machinery shipped in April was worth more than $1.94 billion, up 7.6% over the previous month, which came in at $1.8 billion. Year-over-year, shipments of farm machinery declined by 6.8%, according to data released by the U.S. Census Bureau.

Shipments of construction equipment rose slightly (0.6%) on a year-over-year basis. April CE shipments in April grew by 3.5%, the third consecutive month of increases.  CE shipments were valued at $2.19 billion.