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Recent rate cuts expected to bolster equipment demand heading into next year.

The index, which provides a qualitative assessment from key executives in the $1.3 trillion sector, was 58.3 in December, easing from 59.9 in November.

Cat CVAs include dealer labor and provide a Two-Day Repair commitment on common repairs to get the equipment back to work, or the customer gets paid.

JLG highlights strategic progress and continued commitment to access industry leadership with new facilities, innovative access solutions and AUSA anniversary.

Booms and scissor lift innovations plus smart digital tools deliver reduced service and improved durability while lowering cost of ownership.

Equipment and software investment projected to expand 6.2 percent in 2026; GDP to expand 1.8 percent.

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