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HEAVY-DUTY CONSTRUCTION EQUIPMENT
Inventory levels in the U.S. heavy-duty construction equipment market were down 1.08% M/M in November, but are still up 16.78% YOY.
Asking values in this market decreased by 1.42% M/M and were down 6.48% YOY.
Auction values in the U.S. heavy-duty construction equipment market were essentially flat, increasing by 0.02% M/M, but were down 9.38% YOY.
Used Medium-Duty Construction Equipment Market Minute Video
"There is some optimism out there for the skid steers. You can see, looking at the inventory trends, where we were at in 2022 when the market was at its peak, and then the inventory increase from 2022 into 2024," says Machinery Trader Manager Matt Sterup. Watch the video for more key highlights.
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