April 2003
U.S. Industry Quarterly Review: Machinery & Equipment;2003 2nd Quarter, p69
Industry Profile
Industry Overview
The article presents statistics indicating the performance history and expected performance of the U.S. farm and garden machinery industry. The gross operating profit (GOP) for the first quarter of 2003 is $11.3 billion. GOP for the second quarter of 2003 is expected to be $11.6 billion. GOP for the first quarter of 2004 is expected to be $12.3 billion. Input cost of materials and services in the second quarter of 2003 is expected to be at $17.4 billion and $4.5 billion for labor.


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