Used Construction Equipment Market Research Summary
Source: Iron Advisor Insights – Jarrett Harris Following another round of conversations with executives specifically focused on the used construction equipment market, two phrases come to mind: “holding pattern” and “no man’s land.” Holding Pattern: As we noted a few months ago, despite all the uncertainty generated by the initial tariff announcements in April, expectations were pretty clear: demand […]
Durable Goods Orders Match Expectations, Shipments Exceed Them
Source: Economics Group of Wells Fargo Bank, N.A.Summary The long-delayed September durable goods report was mostly in line with expectations though the underlying details point to a broadening in the drivers of orders activity. The shipments data suggests our ~6% annualized growth estimate for Q3 equipment spending is on track.Drawing Fresh Breadth While most are […]
Job Market Worries Evident as Confidence Tests a Four-Year Low
Source: Economics Group of Wells Fargo Bank, N.A.Summary Consumer confidence continued its trend descent in November, coming in at 88.7. That’s a far cry from the 112.8 reading in November 2024. While we doubt the government shutdown is solely to blame, the Congressional impasse was hardly reassuring. We see the usual culprits: labor market weakness […]
September CPI: An Oasis in the Data Desert
Source: Economics Group of Wells Fargo Bank, N.A. Summary The September CPI report came in a bit softer-than-expected. Headline CPI rose 0.31% in the month, while core CPI increased 0.23%, the latter about four basis points below our forecast. Headline CPI growth was driven in part by a 4% jump in gasoline prices. The softer […]
Sandhills Monthly Market Report through September 2025
In September 2025, U.S. used equipment markets exhibited a general contraction in inventory levels year-over-year across the majority of segments, though select areas saw notable increases month-over-month and year-over-year. Asking and auction values largely trended downward or sideways, reflecting ongoing pricing pressures amid mixed demand signals. EVI spreads held steady at elevated levels between 40% […]
Slowdown in 2024? – Why AGC’s Economist Sees Varied Growth for Construction
Podcast with Ken Simonson – Chief Economist for AGC of AmericaEquipment World – The Dirt Will construction continue to remain strong in 2024 amid economic uncertainties?Ken Simonson, chief economist for the Associated General Contractor of America, says, “I’m not using the ‘r’ word, but I do think a slowdown is likely.” On this episode of The […]
Managers Use Rental to Test Electric Equipment
Renting may be a manager’s first exposure to electrics and hybrids. By Frank Raczon Just as adoption of telematics was slow at first, so too is the move to electric and hybrid equipment. To be fair, many managers thinking of going green are waiting for smaller, lighter battery solutions for heavier equipment, or the proliferation […]
Down But Not Out, Finding Winners Amid A Production Slump
Source: Economics Group of Wells Fargo Bank, N.A.Summary After factoring in revisions to October, industrial production is actually lower than where it was estimated to be last month despite a scant gain in November. In fact, production is down slightly from a year ago as well. We explore today how some industries are faring better […]
Market Trends ReportUsed Equipment & Trucks – September 2023
Source: rbauction.com In the September Market Trends Report from Rouse, they drill into 2023 oil & gas used equipment sales in both the U.S. and Canada, showcasing a full circle view of equipment pricing trends. So far this year, they are seeing similar volume trends as last year for used bed trucks, boom trucks and […]
UPCOMING WEBINAR
DIGITIZING YOUR EQUIPMENT BUSINESS FREE MEMBER WEBINAR SERIES: January 11 and 18 | Noon-12:30 p.m. (Central) Featuring strategic operations coach Mets Kramer Part 1 – Managing Your Information Covering information, integration, and software tools Part 2 – Managing Your Users Covering users/identity, security, groups, and policy __________ Most likely, you’ve already brought “digital” into your […]