One of the interesting facets of the industry's diversity is the different recovery stages we're witnessing. As we saw in last week's special report on the used forklift market, sales held up well, even when trade in new equipment slipped. But some regions are faring better than others, and forklifts designed for different industries are performing at very different paces. Clearly, the message for vendors is not to have too many eggs in one basket. Diversity seems to be the best strategy.
And for buyers, the different rates of economic activity mean that some will be lucky and find what they need at great prices, while others will still be paying top dollar for their requirements.
As we regularly point out, these are indeed interesting times.