Used Construction Equipment Inventory Reaches Pre-Pandemic Levels Amid Sector Recovery

Inventory of used construction equipment has rebounded to pre-pandemic levels. More equipment has become available as projects are completed, leading to a surplus in the market, amongst other factors, according to Equipment Finance News. The rise in inventory indicates a recovery in the construction sector, reflecting renewed activity and investment in infrastructure projects. Despite concerns about inflation affecting equipment prices, the availability of used machinery is seen as a positive sign for the industry’s overall health and growth prospects moving forward.