Construction Equipment Price Index

September 28, 2010

Construction equipment price inflation slipped to a 1.5-percent annual pace at the end of last year after increasing more than 9 percent in the previous year. The recent slowdowns were due to a world surplus of steel capacity and thus weak pricing, slower cement-price increases with the return of China to the export market, and lower capacity shortage premiums collected by equipment manufacturers and their distributors as order backlogs stabilized last summer.