The June EquipmentWatch INDEX includes a quick snapshot of price, volume and age trends observed during May 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 decreased 0.1%
- Prices fell in every region but the Southwest—where the increased 6.8% compared to April
- Average equipment age dropped by 5 months in both resale and auction markets
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