Items Tagged with 'economics'

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2015 Dealership of the Year Video Series: Salem Farm Supply

Taking Advantage of a Strong Market

The market for farm equipment in New York has been relatively strong in recent years. In this video, Carole Lewis, president of Salem Farm Supply (Salem, N.Y), and Bill Martel, general manager of Salem Farm Supply, talk about how they've taken advantage of the strong market.
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How Dealers Deal with Ag's Business Cycles: Keep Data in Perspective with Customer Input

For farm equipment dealers, planning for agriculture's business cycles must involve close contact with customers. In addition to observing economic indicators over a period of time, it's essential for dealers to put the data into context with history and customer input, says Graham Drake, president and CEO of Cervus Equipment Co.
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Ag Equipment Intelligence

Agricultural Input Markets Differ in Research Intensity

Agricultural productivity growth depends on continued investments in research and development (R&D) by the private sector as well as by public institutions. Among agricultural input industries, research intensity, or research spending as a percentage of market sales, varies widely. For example, in 2009, the farm machinery sector invested only about 4% of sales in R&D.
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Wider World of Business: What's Your Company's Gross National Happiness?

Nearly every day you hear reports on our country's Gross Domestic Product (GDP). Stocks soar or collapse depending on the media - after all, if our country isn't making and selling stuff (stagnant or depleting GDP), we are in real trouble...times are going to be tough. Conversely, if we crank up our productivity (growing GDP), and make and sell more stuff, times will be great. Right? Wrong.
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