EquipmentWatch: Equipment Owners Optimistic About 2023 Purchases, Sales

By Ryan Whisner Construction contractors and equipment managers remain cautiously optimistic about 2023, with solid contracts and certainty on their equipment purchase and rental plans for the year, according to EquipmentWatch’s second annual State of the Construction Equipment Economy report. However, the tug-and-pull of volatility and uncertainty throughout the economy means that equipment managers must watch their bottom lines with even more vigilance. Findings in the report are based on various surveys conducted, an in-depth review of EquipmentWatch customers’ fleets, ongoing analysis of valuation and used market trends, and insights based on an understanding of how broader trends in the construction industry impact equipment owners and operators. READ FULL ARTICLE>>