Construction Equipment Consumption up 14% in February

In February, consumption of new construction equipment increased 14.3% compared to February 2013. Additionally, in that last 12 months sales are up 21.9% year-over-year.

 February2015-Construction-Equipment-Trends

As a result, equipment consumption is now 57.5% of the peak February volume set in 2005. And for the first time since 2008, equipment sales are above the February 10 year average.

February2015-Year-Over-Year

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