Farming equipment output is showing resilience, according to a new report

The latest economic impact report by the Association of Equipment Manufacturers shows momentum is once again building as the world moves on from the pandemic.

AEM releases this report every three years and sums up the latest one with one word: resilience. They point to the last three years with a dragging economy, COVID-19, and severe supply chain issues. They say despite all of the challenges, the equipment industry remained strong, and came out on top, saying it is stronger now.

Other key findings in their report showed on average, equipment manufacturing jobs pay 33 percent above the national average; the industry supports more than 1,000 jobs in 44 states; equipment manufacturers support at least 1,000 jobs in nearly two-thirds of every Congressional district; the top 10 manufacturing states support 1.6 million jobs.

Story via Brownfield Ag News

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