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Article: Construction Equipment Sales Fall in S. Korea.
- Article from:
- YON - Yonhap News Agency of Korea
- Article date:
- November 24, 2004
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SEOUL, Nov. 24 (Yonhap) -- Sales of construction equipment fell to a record low of the year in September as the construction sector remains in the doldrums, a trade group said Wednesday. Domestic sales of construction equipment dropped 3.5 percent from the previous month to 1,275 units in September, marking the sixth consecutive month of decline, the Korea Construction Equipment Manufacturers Association (KOCEMA) said. Construction investment, which significantly helped expand the country's economy last year, dropped drastically following a series of government measures to ...