Financed new equipment unit sales increase 8 percent in May

|  June 28, 2013 |

EDA finance May 13The number of financed new construction equipment unit sales in May increased 8 percent compared to April, according to Equipment Data Associates.

In contrast, used financed sales declined by 9 percent  during May compared to the month before. Top new equipment contractor buyers for the month included a Wisconsin-based pipeline firm buying 65 machines, including 35 excavators and 22 dozers, and a Missouri underground construction firm buying 21 trenchers.

New financed construction equipment sales rose 12 percent year to date compared to the same period last year. Year-to-date used unit sales increased 4 percent compared to the first five months in 2012.

EDA, a division of Randall-Reilly, tracks Uniform Commercial Code-1 filings on financed equipment.

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