The December Rouse Value Index™ for used equipment prices decreased to 46.6, down 0.6% from November values. This is 7.6% higher than the prior peak period of 43.3 in April 2007, and 57.0% higher than prior trough period of 29.7 in June 2009. The Rouse Value Index™ measures the average Orderly Liquidation Values for benchmark models across fourteen major rental category indices on a monthly basis.

December auction sales of rental and construction equipment tracked by Rouse averaged 1.1% lower than Rouse November FLV values. Rouse recorded 5,080 units that sold at 41 separate auction sales conducted across North America. The units represented a combined FLV (as of November 30th) of $137.8 million and generated $136.3 million of gross auction proceeds.

During October, achieved rental rates as measured by the Rouse Rate Index™ increased 0.5% on average for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service. Rates are up 3.9% relative to October 2013 and up 26.4% relative to January 2011. October physical utilization is up 0.3% from September.

To read the full January 2015 Rouse Rental Report, click here.