The EquipmentWatch INDEX is the only heavy equipment report that covers Construction, Commercial Truck, Agriculture and Lift Trucks.
The October EquipmentWatch INDEX includes a quick snapshot of price, volume and age trends observed during July 2015. The INDEX is a free monthly resource for critical thinkers in the construction equipment industry to make better informed heavy equipment decisions around price, market share and equipment age metrics. The INDEX is compiled by our analysts and fueled by more than 500,000 data points from EquipmentWatch Values.
Over the past month, here are a few highlights of what we've observed:
October 2015 in Review
- Construction Equipment: Prices declined by an average of 4% nationwide, although aggregate prices in some states, particularly on the East coast, showed price gains over the previous month.
- Lift Trucks: The average age of lift trucks on the auction markets in October increased by about 2.2 years compared to the same equipment in September.
- Agriculture: Overall volume for agricultural equipment was down across the nation. Price trends varied across the nation, but were up specifically in the Northeast and Midwest.
- Commercial Trucks: Average ages on the market dropped even though price increases were seen all over the country.
