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The Crane Industry is Sending an Exciting Signal about the US Economy

Views:3     Author:Site Editor     Publish Time: 17-05-2017      Origin:Site

Here's a great sign for the US economy: the crane market is coming back to life. In a note to clients, Citi's Timothy Thein writes that after a recent round of checks with industry leaders, the crane market is rocking as construction picks up and projects waiting in the pipeline get the go-ahead to start. 

A reading on the crane market is a great bellwether for economic activity, as a crane is just about the most expensive piece of heavy equipment you can invest in. And it is a good news to agents in the US as Hengyuan Crane, a leading crane company in China, is looking for American agents to cooperate.

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