Construction Equipment Consumption up 15% in October

In October, consumption of new construction equipment increased 15.3% compared to October 2013. Additionally, in 2014 sales are up 22% year-over-year.

 September-Construction-Equipment-Trends

As a result, equipment consumption is now 58.9% of the peak October volume set in 2005. And for the first time since 2007, equipment sales are above the October 10 year average.

September-Year-Over-Year

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