Weathering Auction Market Fluctuations: How to Anticipate Changes in Heavy Equipment Values
In a recent EquipmentWorld article by Jordanne Waldschmidt, it was reported that auction prices for used units are trending downward, as more construction equipment and truck inventory are now available on dealer lots.1 With uncertainties looming, it’s crucial to stay ahead of the curve and anticipate changes to maximize returns and minimize risks. Trends Impacting Auction Prices “Pandemic-related […]
Do You Know The Best Ways To Improve Your Capital Equipment Sales?
Figuring out new ways to improve your sales is key to your business’s success. That’s especially true for the current market of capital equipment sales, which is becoming more and more uncertain thanks to the erosion of brand loyalty, the unusual economy, and the state of supply chains. Learning and using new tactics to improve your sales can help your company continue to grow and develop in the capital equipment industry.
Construction Equipment Consumption Up 7% in July
In July, consumption of new construction equipment increased by 7.1% compared to July 2014, ending a three month downward trend following 15 consecutive months of growth. Year-to-date sales are up 9.8% year-over-year compared to 2014. Equipment consumption is now 34.7% of the peak July volume set in 2006 with equipment sales continuing to trend above the July 10-year average. To view […]
Construction Equipment Consumption Up 7% in July
In July, consumption of new construction equipment increased by 7.1% compared to July 2014, ending a three month downward trend following 15 consecutive months of growth. Year-to-date sales are up 9.8% year-over-year compared to 2014. Equipment consumption is now 34.7% of the peak July volume set in 2006 with equipment sales continuing to trend above the July 10-year average. To view […]
Construction Equipment Consumption Down 3% in April
In April, consumption of new construction equipment decreased by 3.3% compared to April 2014. However, year-to-date sales are up 13.7% year-over-year compared to 2014. Equipment consumption is now 49.5% of the peak April volume set in 2006 with equipment sales continuing to trend above the March 10-year average. To view more national construction equipment sales trends, including Top Buyers and […]
Construction Equipment Consumption Down 3% in April
In April, consumption of new construction equipment decreased by 3.3% compared to April 2014. However, year-to-date sales are up 13.7% year-over-year compared to 2014. Equipment consumption is now 49.5% of the peak April volume set in 2006 with equipment sales continuing to trend above the March 10-year average. To view more national construction equipment sales trends, including Top Buyers and […]
Construction Equipment Consumption up 8% in March
In March, consumption of new construction equipment increased 7.8% compared to March 2014. Additionally, first quarter sales are up 18.1% year-over-year compared to Q1 2014. As a result, equipment consumption is now 73% of the peak March volume set in 2006. And for the first time since 2008, equipment sales are above the March 10-year […]
