By: Michael Keating | Government Product News http://americancityandcounty.com/gpn
Observers of the vehicle lift marketplace rely on a variety of data sources to measure market activity. One potential indicator is Penton’s EquipmentWatch INDEX. It focuses on trends in the heavy construction equipment marketplace, and it can be a useful gauge for related product categories.
The latest INDEX includes a quick snapshot of price, volume and age trends observed during December 2013.
The most recent INDEX shows the following highlights that EquipmentWatch researchers observed over the past month:
Here are a few other trends that Patrick Dogan, who is Manager, Analytics at EquipmentWatch, spotted in the latest INDEX report:
The monthly INDEX is an information resource that helps fleet professionals track critical heavy equipment benchmarks. With the INDEX, fleet pros can make better-informed heavy equipment decisions around price, market share and equipment age metrics.
EquipmentWatch produces database information products for the construction equipment industry and provides heavy construction research. The data provider serves more than 15,000 professional, high-volume users of construction and lift truck data. Its online and print products are tools used to make decisions surrounding the purchase, valuation, operation and disposal of equipment. EquipmentWatch has almost 50 years of experience serving contractors, equipment manufacturers, dealers, lenders and insurers, and government agencies involved in large infrastructure construction. EquipmentWatch researchers can provide more detailed analyses.