EquipmentWatch August 2022 Market Report

 In Product Blog
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The August 2022 EquipmentWatch Market Report was just released. Download the report to see the latest trends in equipment values, sales activity, and more.

Here are a few highlights:

  • Construction equipment FMV was up 6.0% compared to last year but continued to remain relatively flat month-over-month for this year.
  • Usage rates for lift/access equipment on the auction channel were down 30% compared to July 2021.
  • Agriculture equipment values outpaced other equipment types, with average FMV increasing 21%.

With gas prices coming down and supply chain woes beginning to ease, we’re continuing to see relatively stable equipment values this year. EquipmentWatch reports enable you to see which types of equipment are most in-demand and take a deeper dive into metrics on market activity, age, and usage.

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