State of the Construction Equipment Economy

State of the Construction Equipment Economy

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Our inaugural report outlines the behaviors, challenges, and potential outlook of today’s construction equipment economy.

With new internal and external factors dynamically affecting construction equipment economics, we dive deep to highlight the micro and macro-level impact of today’s climate on equipment owners.

Report highlights include:

  • Dealers have been the preferred resource for equipment purchases
  • A third of equipment owners say they have been retaining equipment longer than usual
  • The most common cadence for evaluating equipment costs is annually, but many firms report crunching those numbers more often
  • A third of firms report receiving increased requests to be able to demonstrate they are taking sustainability into consideration with their projects

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