The July EquipmentWatch INDEX includes a quick snapshot of price, volume and age trends observed during June 2014. The INDEX is a free monthly resource for critical thinkers in the construction equipment industry to make better informed heavy equipment decisions around price, market share and equipment age metrics. The INDEX is compiled by our analysts and fueled by more than 500,000 data points from our Green Guide and Last Bid Online.
Over the past month, here are a few highlights of what we've observed:
- Nationwide prices dropped 0.4% compared to May
- The Midwest saw the only regional price increase—1.2% compared to May
- The average age of equipment dropped in both resale and auction markets—2 and 4 months respectively.
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