Construction Equipment Consumption Up 24% in April

In April, consumption of new construction equipment increased 24.2% compared to April 2013. This continues a trend of April double digit growth year-over-year since 2010. Additionally, as of Q1 2014, sales are up 17.5% compared to the same period last year.

Year-Over-Year

Monthly year-over-year growth percentages.

As a result, equipment consumption is now 63% of the peak April volume set in 2006. And for the first time since 2008, equipment sales are above the April 10 year average.

Consumption-Levels

April construction equipment consumption since 2000.

To view more national construction equipment sales trends, 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.