Construction Equipment Consumption up 20% in July

In July, consumption of new construction equipment increased 20.1% compared to July 2013. Additionally, in 2014 sales are up 25% year-over-year.

July-Construction-Equipment-Trends

As a result, equipment consumption is now 48.7% of the peak July volume set in 2006. And for the first time since 2008, equipment sales are above the July 10 year average.

July-Year-Over-Year

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