Rouse Rental Report Highlights
Used equipment values increased, auction values dropped and achieved rental rates increased slightly, according to the October edition of the Rouse Rental Report newsletter:
• The September Rouse Value Index for used equipment prices increased to 46.1, up 1.1% from August values. This is 6.5% higher than the prior peak period of 43.3 in April 2007, and 55.3% higher than prior trough period of 29.7 in June 2009.
• September auction sales of rental & construction equipment tracked by Rouse averaged 3.2% lower than Rouse August FLV values.
• During July, achieved rental rates as measured by the Rouse Rate Index increased 0.6% on average for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service.
Here's a link to a pdf of the full newsletter. You can find out more about Rouse Services here.
PRO CONTRACTOR RENTALS MAGAZINE
Pro Contractor Rentals provides information of value to rental centers who focus time, resources and attention on meeting the demands of construction contractors and other equipment rental customers.
