Market Pulse

AEM: Market Challenges Lie Ahead, But Optimism is Warranted
Ag and construction leaders at the Association of Equipment Manufacturers share their outlooks for the remainder of 2023 and beyond.
September 20, 2023
Engineers at a construction site
Ritchie Bros: Equipment Auction Prices Continue to Decline
Medium earthmoving equipment saw a price decrease of 9%, and large earthmoving equipment was down 3%.
September 15, 2023
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Nonresidential Construction Job Numbers Rise in August
Economists see no letup in demand for construction workers or private-sector projects.
September 7, 2023
construction worker in a hard hat and safety vest standing by a bulldozer
Market Pulse
Quick Data: 2023 Top-Selling Compact Excavators and Auction Trends
See which compact excavator models were best-sellers and fetched top dollar at auction.
August 30, 2023
Kubota KX040-4 Mini Excavator
Market Pulse
Dodge Economist: "Construction Starts Have Plateaued"
See which segments of the construction market are rising and which are falling.
August 18, 2023
Bulldozer at auction
Market Pulse
Used Equipment Values Dip in June, Suggesting Economic Wariness
A new EquipmentWatch report shows the latest trends affecting used equipment sales.
August 17, 2023
line of construction equipment at auction
Market Pulse
ARA Updated Forecast Predicts Sharp Increase in Rental Revenues
A recent analysis suggested that data for non-residential construction spending produced by the U.S. Census Bureau has underestimated non-residential construction spending by at least 20 percent since the second quarter of 2021.
August 16, 2023
Excavators in a row
Market Pulse
Construction Industry Adds 19,000 Jobs in July
Contractors are boosting pay, which is bringing more former workers back, AGC CEO says.
August 8, 2023
Construction worker shaking hands
Market Pulse
"Don't Take This for Granted" – ABC Economist Warns Recession Looms
The U.S. economy will enter a mild recession within a year, with lopsided results for construction, says ABC Chief Economist Anirban Basu.
July 31, 2023
Construction equipment on the side of the road
Market Pulse
Summer Slowdown for Used Construction Equipment, But Values Still High
Prices at auction are up 33% over last year, according to EquipmentWatch report.
July 26, 2023
construction worker in a hard hat and safety vest next to a bulldozer
Market Pulse
Quick Data: Top-Selling Backhoes in 2023
See which backhoe loader models were best-sellers and fetched top dollar at auction.
July 25, 2023
Cat 449 Backhoe Loader
The Dirt
Mid-Year Forecast: Where Does the Construction Economy Go from Here?
On The Dirt, AGC Chief Economist Ken Simonson breaks down the trends in the various construction sectors and what contractors can expect over the next six months.
July 14, 2023
Person holding $100 bills with text overlay that says, 'Is a recession still coming?' Episode 128 The Dirt youtube thumbnail
Market Pulse
Construction Unemployment Rate Sets 24-Year Low of 3.6%
Average hourly earnings for production and nonsupervisory employees continue to climb with the drought of qualified workers.
July 12, 2023
heavy equipment operator climbing into machine cab
Market Pulse
Nonresidential Construction Ends 11-Month Rising Streak in May
Meanwhile, infrastructure categories lag, while manufacturing projects and homebuilding surge.
July 10, 2023
Three workers talking, one holding building plans, with machines behind them.
Market Pulse
Used Equipment Values Drop on Resale, Auction Markets
Full market value has declined 0.15% in the resale market and 4% on the auction market year-to-date.
June 28, 2023
line of heavy equipment
Market Pulse
Procore Report: 90% of Contractors Optimistic About Market Conditions
Nearly a quarter of contractors either consider themselves digital-first or are in the process of a digital transformation in terms of workflow processes.
June 29, 2023
Construction worker wearing safety gear next to a bulldozer
Market Pulse
Quick Data: Top-Selling Compact Track Loaders in 2023
See which compact track loader models were best-sellers and fetched top dollar at auction.
June 26, 2023
Kubota SVL65-2 compact track loader
Market Pulse
No Recession in Dodge Forecast; Construction Starts to Rise
Total dollar amount of construction starts are predicted to increase 2% this year and 6% the following year.
June 20, 2023
Construction worker in safety vest and hardhat working on a tablet
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