CED

June 2015

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>> DATA TRENDS 22 | www.cedmag.com | Construction Equipment Distribution | June 2015 e Dodge Momentum Index rose 0.8 percent in April to 122.6 (2000=100) from March's 121.6, according to Dodge Data & Analyt- ics. e Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. April's slight rise shows planning activity beginning to edge up once again aer retreating 2.5 percent in March, continuing the up-and- down pattern that's been present so far in 2015. Although the planning statistics have essentially plateaued in early 2015, the level of activity continues to be higher than a year ago, enabling the latest month's Momentum Index to be up 8.5 percent compared to April 2014. With the commercial sector still helped by improving occupancies and rents, while the institutional sector is benefitting from the passage of recent bond measures, it's expected that the Momentum Index will see a more sustained upward trend as 2015 progresses. For more information, visit Dodge Data & Analytics at www.construction.com. Dodge Momentum Index Moves Higher in April The Dirty Dozen - UCC filings on 12 earthmoving units. Equipment Description MAR 14 APR 14 MAY 14 JUN 14 JUL 14 AUG 14 SEP 14 OCT 14 NOV 14 DEC 14 JAN 15 FEB 15 Grand Total Articulated Dump Trucks 121 160 143 134 118 118 111 123 107 145 97 120 1,497 Crawler Dozers 329 404 433 495 403 366 369 466 346 459 463 239 4,772 Crawler Loaders 6 19 9 27 40 11 10 13 4 19 17 14 189 Excavators - Crawler, Hydraulic 671 986 938 1,009 839 820 745 933 707 984 1,048 587 10,267 Excavators - Wheeled, Hydraulic 20 25 26 32 28 40 34 20 25 48 31 13 342 Mini Excavators 731 1,137 1,226 1,246 1,090 976 974 1,072 769 1,213 1,406 756 12,596 Motor Graders 134 107 134 125 89 114 71 100 78 127 100 94 1,273 Scrapers - Conventional 3 16 13 1 8 14 5 10 4 12 9 4 99 Skid-Steer Loaders 884 1,112 1,127 1,088 792 736 997 1,180 1,186 1,867 1,406 859 13,234 Tractor Loader Backhoes 413 401 390 401 461 334 372 450 355 471 399 384 4,831 Wheel Loaders < 80 HP 105 108 109 96 103 94 85 129 158 173 222 102 1,484 Wheel Loaders > 80 HP 515 682 662 790 599 559 635 830 750 1,001 694 495 8,212 Grand Total 3,932 5,157 5,210 5,444 4,570 4,182 4,408 5,326 4,489 6,519 5,892 3,667 58,796 Supplied by EDA, Charlotte, N.C. Physical Utilization of Four Rental Units e charts below show physical utilization by equipment category. Physical utilization is the percentage of fleet cost which is on-rent during a given period. Physical utilization is cost weighted. "On Rent" and "In Fleet" status are determined on a nightly basis seven days a week, 365 days a year. A unit is "On Rent" if it is at a job site earning rental revenue. A unit is "In Fleet" if it is a rental asset owned by the client. Units out for repair and refurbishment are considered "In Fleet." 50% 60% 70% 80% 2015 2014 2013 2012 2011 62.2% BACKHOES í ª -3.1% 50% 60% 70% 80% 2015 2014 2013 2012 2011 56.0% SKID STEERS í ª -2.5% 45% 55% 65% 75% 2015 2014 2013 2012 2011 5 51.5% EXCAVATORS í ª -6.5% 50% 60% 70% 80% 2015 2014 2013 2012 2011 70.5% WHEEL LOADERS í ª -0.1% 2012 & 2013 ©ª ©ª Jan 2015 / Dec 2014 Source: Rouse Asset Services. Contact Gary McArdle at gmcardle@rouseservices.com, (310) 363-7520 Dodge Momentum Index 122.6 121.6 0.8% Commercial Building 134.0 133.3 0.5% Institutional Building 108.5 107.2 1.2%

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