Construction Equipment Consumption Down 9% in June

In June, consumption of new construction equipment decreased by 9.43% compared to June 2014, continuing a three month downward trend after 15 consecutive months of growth. Year-to-date sales are up 7.9% year-over-year compared to 2014.

Equipment consumption is now 48.4% of the peak June volume set in 2006 with equipment sales continuing to trend above the June 10-year average.

To view more national construction equipment sales trends, including Top Buyers and Top Lenders for June, 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.

 

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