The Backlog Looks Good. The Fleet Math Does Not.
Nonresidential planning is strengthening while material, labor, and financing costs keep climbing. Contractors may have work ahead, but the next equipment purchase still needs a harder test.
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Nonresidential planning is strengthening while material, labor, and financing costs keep climbing. Contractors may have work ahead, but the next equipment purchase still needs a harder test.
Used construction equipment is not simply getting scarce. More of the clean iron is moving into rental fleets, which changes the math for contractors, dealers, and anyone waiting for a cheap machine to appear on the used market.
High machine prices, tight labor, cautious lenders, and steady rental demand are pushing fleet owners toward a harder question: does each machine earn enough verified hours to justify owning it?