The EquipmentWatch INDEX is the only heavy equipment report that covers Construction, Commercial Truck, Agriculture and Lift Trucks.
The March EquipmentWatch INDEX includes a quick snapshot of price, volume and age trends observed during February 2015. 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 EquipmentWatch Values.
Over the past month, here are a few highlights of what we've observed:
February 2015 in Review
Construction: A huge uptick in resale market volume in February led to a 5.8% drop in average national prices for all construction equipment.
Lift Trucks: February showed consistent volume growth across the United States with an average growth of 110.2% in the private resale market.
Agriculture: Sale volume rose in every region of the US, from 5.7% in the Northeast to 22.4% in the West.
On-Highway Truck: While the average age on the market for trucks was up within all size classes during January, February showed a downward trend on the overall auction market with almost all manufacturers showing downward trends.
Click here to download the March INDEX.
