July OLV index values for used equipment across the 14 major rental category indices tracked by Rouse, increased 1.3% from June values, according to Rouse's August Construction Rental Report.
For the six months ending July 31, 2011, average index values increased 10.4%. Ten of the top 14 category indices had one-month increases ranging from 0.2% for excavators to 4.7% for skid-steer loaders. AWP-telescopic booms, rolling compaction equipment and warehouse forklifts recorded modest one-month value declines, while loader-backhoe values fell 1.6%. For the six-month period from February to July 2011, all 14 categories recorded increases ranging from 3.7% for generators to 23.4% for AWP-scissor lifts.