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Every year, the survey asks how the present state of the economy is affecting spending on materials handling equipment and related technologies. This being the first “post pandemic” equipment survey, it’s not surprising to see some signi cant changes on spending trends.
This year, 19% said they’re “holding off” on investing, up from only 8% last year.
Additionally, this year, 28% said they’re proceeding with investments, which is 10% lower than last year. Those taking a “wait and see” approach also climbed to 37% from 29% last year, and those saying the current economy is having “little or no impact” shrunk from 25% last year to 16% this year.
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