Inflation Hits Heavy Equipment Prices

A survey of ENR’s Top 600 Specialty Contractors this fall reveals significant price inflation for heavy equipment and commercial vehicles over the past five years. Some respondents attribute the change to higher costs associated with equipping diesel engines with the latest emission controls.

Of the 519 responding firms, nearly 92% reported facing higher purchase prices since 2010. More than two-thirds said prices were up as much as 20%.

Source – ENR.com

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