EquipmentWatch Q1 2023 Rental Update
The EquipmentWatch Q1 Rental Update is available now. For most types of equipment, the market was stable with rental rates showing modest increases overall. Here are some notable takeaways:
- Biggest year over year increase in average weekly rate came from Single Drum Vibratory Compactors.
- Crawler Mounted Hydraulic Excavators and Telescoping Boom Rough Terrain Lift Trucks saw the largest increase in weekly rates.
- The Southern states experienced the highest rate increase this quarter.
Download the full report for more Q1 data and the outlook for the next six months of 2023. As you plan for the year ahead, these insights will help guide your decision-making.