Volvo CE Reports Decline in North American Sales in Q1 Earnings
North American construction equipment net sales dropped 14% in the company's first quarter, but net order intake rose.
Last updated: 2026-04-29 19:08:31 ET
North American construction equipment net sales dropped 14% in the company's first quarter, but net order intake rose.
Despite the decline, the luxury segment reached a record 102 projects in the quarter, up 16% year over year, per a Lodging Econometrics report.
Orders for durable goods grew in March, the Commerce Department said, breaking a streak of three straight months of declines.
Mortgage rates rose last week after several weeks of declines. That took a toll on refinance demand, but homebuyers seem more resilient.
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