Regardless of whether you’re looking to buy or sell used heavy equipment, we’re sure that there’s one thing you can agree on: There’s always an open ear for good news.
Well, according to reports from the US Federal Government, the economy rebounded in the second quarter and is headed for more of an uptick.
Although the numbers are still lower than projected, the federal government says consumers are now starting to spend money and whenever consumers spend money, that’s great news for ALL businesses.
As you already know 70 percent of the US economy is based upon consumer spending.
Now that consumers are feeling a little better about their individual situation, such as job security and more: It’s just a matter of time when it will al trickle down to the construction industry.
Consumer spending growth, which accounts for more than two-thirds of U.S. economic activity, accelerated at a 2.5 percent pace, as Americans bought long-lasting manufactured goods, mostly automobiles, and spent a bit more on services.
So the message is clear: Consumer spending (housing, etc.) and a various types of activity is headed the construction industry’s way.
When it comes to getting a great deal on used heavy equipment, EHE is the most competitive wholesaler of used heavy construction equipment, meaning we offer “true” wholesale pricing on all of our heavy equipment.