Rental rates as measured by the Rouse Rate Index decreased 0.2 percent on average in December for the rental companies participating in the Rouse Analytics’ Rental Metrics Benchmark Service. Rates are up 4.1 percent relative to December 2012 and 22 percent compared to January 2011, Rouse reports. December physical utilization declined 6.7 percent from November.
The February Rouse Value Index for used equipment prices increased 1.6 percent compared to January values, according to the March issue of the Rouse Rental Report. This is 2.8-percent higher than the previous peak period in April 2007. The Rouse Value Index measures the average Orderly Liquidation Values for benchmark models across 14 major rental category indices on a monthly basis.
February auction sales of rental and construction equipment tracked by Rouse averaged 5.7 percent higher than January values.
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