Data & Forecasts

July 2022 Tractor Sales Analysis

Retail Sales of Compact Tractors Remain Weak

Inflation in the U.S. general economy is now above 9% and that has caused many consumers to curtail much of their discretionary spending as they purchase the essentials for daily living.100+ horsepower tractors retail sales exceeded our monthly forecast but were only 3.5% above our year to date forecast.
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Rural Mainstreet Index Climbs Higher in March

The Creighton University Rural Mainstreet Index (RMI) climbed in March from February's healthy reading and remained above growth neutral for the 16th straight month, according to the monthly survey of bank CEOs in rural areas of an average population of 1,300.


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2022 Rural Lifestyle Dealer Business Trends & Outlook

Uncertainty Cracks Dealer Optimism

Fewer rural equipment dealers are anticipating growth in 2022, a direct reflection of today’s volatile environment where labor, product supply and consumer demand are difficult to predict.

According to the results of Rural Lifestyle Dealer’s annual dealer survey, just one-third of dealers anticipate sales growth of at least 2% this year. That breaks a string of 5 straight years where at least half of dealers anticipated growth heading into the new year. 


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