CONSTRUCTION SPENDING TRENDS 2013 – 2014

Reed Construction Data is a leading construction information source that provides accurate and reliable project leads and marketing intelligence.  Early this year, they provided an extremely valuable outlook for the construction segment.  This outlook analyzed construction spending from 2005 – 2012, including future projections.  In the analysis, there were distinct changes in the total amount…

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Q2 2013 MARKET TRENDS – EXCAVATOR SEGMENT

Equipment Watch released their 2nd QTR 2013 Auction Results on Crawler Mounted Hydraulic Excavators.  During these last few months, there was an interesting shift in the pricing when Komatsu upset Caterpillar as the manufacturer with the HIGHEST average unit sale price.  Caterpillar has maintained this position for nearly two years previous to the change.  Contributors…

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HOW WILL CHINA’S DEMAND AFFECT THE MINING INDUSTRY?

There is no question that in today’s global economy, China’s behavior affects the rest of the world. This is especially true for mining companies whose business depends on China’s demand for commodities. So what happens with China’s rate of economic growth slows down? Both commodity prices and corporate investment decisions are directly affected. According to…

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What Impact will Tier 4 have on Used Equipment Values?

Newer, tier 4 equipment is more expensive to manufacture, which could reduce the overall demand.  However, it is very likely that restrictions will be implemented that require this rating on equipment concerning government related contracts Tier 4 engines will need to be de-tiered to be usable in most markets outside the U.S.—the U.S. is currently…

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