Deere’s commercial and consumer division, which makes products like leaf blowers, reported a 24 percent decline, reflecting weaker consumer spending.

Construction and forestry equipment sales plummeted 55 percent, because of lower shipments, production and higher costs.

“Clearly, operations dependent on construction activity and consumer spending are feeling the full impact of the sharp downturn,” Robert Lane, Deere’s chairman and chief executive officer, said in a statement.

To cope with weaker demand, Deere has cut production and laid off more than 1,000 workers this year, though it recalled 68 workers last month.

It also combined its agriculture equipment division with its commercial and consumer business to cut costs and streamline operations.