How is the Malaysian Market Affecting the Backhoe Demand?

The Wall Street Journal reported that Malaysia’s downward trend on exports is finally correcting itself; however, there is still a great deal of concern over the strained capital market. The Malaysian ringgit has steadily declined his past quarter.  The current-account surplus is still healthy but there is still concern over the pace of it’s decline.…

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…

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…

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…

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…

What are the Trends for Heavy Construction Equipment?

According to Research and Markets,  heavy construction equipment is witnessing decent growth based on heavy investments done in the infrastructure recreation to accommodate smart residential and commercial buildings. The emerging markets in South America and Asia-Pacific are witnessing strong demand for heavy construction equipment and large investments are made in these regions. The global infrastructure…