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Financed new equipment unit sales increase 8 percent in May

Posted By Wayne Grayson On June 28, 2013 @ 12:04 am In Construction News | No Comments

EDA finance May 13 [1]The number of financed new construction equipment unit sales in May increased 8 percent compared to April, according to Equipment Data Associates [2].

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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[1] Image: http://www.equipmentworld.com/files/2013/06/Screen-Shot-2013-06-28-at-8.40.54-AM.png

[2] Equipment Data Associates: http://theneweda.com/resources/industryinsight/construction.aspx

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