Rockin' all over the world

If the market for heavy equipment is strong, that's a pretty good indication that the markets where that equipment is used will be strong. Worldwide demand for heavy construction equipment is projected to rise 5.4 percent annually through 2009 to $106 billion, according to a new study by the Freedonia Group. The study, entitled "World Heavy Construction Equipment Demand," says growth will be supported by the continued expansion of emerging markets, with high points including Eastern Europe, India and China. North America is expected to maintain its lead in terms of both the overall size of demand and growth potential. In the United States, expansion in heavy construction-equipment demand is being driven by the explosive real estate market, according to the study. Your comment?