August Highlights From the Rouse Rental Report
Used equipment prices dropped very slightly, auction sales dropped below July levels while achieved rental rates tracked by Rouse Services increased, according to the company's review of its most recent data.
The August Rouse Value Index for used equipment prices decreased to 45.6, down 0.1% from July values. This is 5.4% higher than the prior peak period of 43.3 in April 2007, and 53.7% higher than prior trough period of 29.7 in June 2009.
August auction sales of rental & construction equipment tracked by Rouse averaged 3.4% lower than Rouse July FLV values.
During June, achieved rental rates as measured by the Rouse Rate Index increased 0.7% on average for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service.
Click here for the company's website and click here to link to the Rouse Rental Report pdf.
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