• U.S. construction machinery and equipment industry ad spend 2020

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In a survey of representatives of the construction machinery and equipment industry in the United States, it was found that in 2018 the sector spent 101.03 million U.S. dollars on advertising, and based on this data it was projected that the expenditures would increase to 127.52 million U.S. dollars in 2020.

Advertising spending in the construction machinery and equipment industry in the United States from 2018 to 2020 (in million U.S. dollars)

	Advertising spending in million U.S. dollars
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Release date

July 2019

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Region

United States

Survey time period

2018

Special properties

Industry SIC code: 3531

Supplementary notes

* Forecast.
The source calculated the figures based on data from government filings and published financial records. Single industry values are based on data from participating companies. Each year the number of participating companies varies.
The historical data values for all companies within each specific industry are pooled in a cross-sectional time series analysis and a non-linear multivariate model is derived for the entire industry.
In calculating advertising-to-sales ratios, sales is defined as "top-line" of the company's income statement. In industry data, the ad-to-sales ratio is a weighted average ratio for the industry, based on the sales of each company.
A "0" value means that the expenditures reported amounted to less than 1,000 U.S. dollars per year. Missing values were not provided by the source due to lack of reporting from participating companies in the given industry.
Figures have been rounded.