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 Top Lenders for April, visit EDA’s IndustryInsight page at http://edadata.com/industryinsight/construction.
The data represented here is sourced from EDA‘s market-driven insight. EDA mines transactional equipment records nationwide to delivers details on actual buyers and their purchased equipment. They provide business solutions to:
- Guide market decisions
- Identify qualified buyer prospects
- Increase equipment sales, financing, product development, marketing and service opportunities
- Monitor past sales to improve future coverage.