Preliminary Q2 Numbers Mixed: A Good Sign for the Economy
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Until that happens, however, the 2Q09 equipment numbers show just how high a toll the Great Recession has taken on our industry. If we extrapolate the first half 2009 total equipment shipments to the full 12 months, as illustrated in Figure 1, 2009 will come in at $731.1 million. It is important to note that these figures do not include digital equipment, which many industry observers believe would account for much of the reported decline in shipments.
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