Forecasting the construction equipment market in the US requires analyzing a blend of Macroeconomic factors, such as Inventory and sales of building materials, number of started housing units, and GDP growth.
By considering these factors and regularly monitoring industry developments, you can improve the accuracy of your forecasts and make informed decisions.
Time taken to
identify most
relevant indicators
Relevant
leading
indicators
MAPE
forecast
accuracy
This variable provides insights into the demand-supply balance, production activity, lead-lag relationships, market sentiment, seasonal variations, and the interconnectedness of the construction materials and machinery sectors.
This provides valuable insights into market dynamics, consumer confidence, spending trends, and seasonal patterns, all of which can impact the level of new orders received by manufacturers for construction machinery.
Hitachi Construction Machinery is a prominent player in the construction machinery industry. If Hitachi Construction Machinery experiences significant changes in their sales or order volumes, it can be indicative of broader market conditions and potentially influence the demand for construction machinery.
Enter your business email and we will send a summary of the forecast
Lorem ipsum dolor sit amet consectetur adipiscing elit volutpat ut volutpat nec at eleifend malesuada in sed maecenas odio a magna accumsan lectus.
Indicio advances our digital strategy of becoming a data-driven organization, producing accurate forecasts in a fraction of time.
Indicio tells us how our market will evolve 'without emotions' which aligns everyone from management to production.
Instrumental in helping us achieve higher efficiency in a short period of time.
We cover the key leading indicators for a scope of industries ranging from industry to commodities.
.jpg)
.jpg)
We are an automated forecasting software that bridges the latest statistical models from academia with the specific leading indicators in an organization's market environment. Helping your organization achieve the highest forecast accuracy.
© 2024 Indicio Technologies All Rights Reserved