Inventory levels in this market, which includes crawler excavators, dozers, and wheel loaders, have been declining for several consecutive months. In April, inventory decreased by 0.84% M/M and 1.44% YOY.
Asking values in this market remained stable, decreasing by 0.24% M/M and 3.28% YOY in April.
Auction values also showed little change, decreasing by 0.58% M/M and 2.31% YOY in April.
Used Heavy-Duty Construction Equipment Market Minute Video
"In April, inventory decreased by 0.84% M/M and 1.44% YOY," Watch the video for more key highlights.
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