Heavy Equipment Sales Economic Barometer

by Zachary Barr, Colorado Public Radio

Economists frequently point to statistics like housing starts and construction spending to help them predict the economy. Heavy equipment sales, like excavators, at an auction in Longmont, Colo., may also indicate how well the housing industry and the economy as a whole are doing. The key is to notice what's on the auction block and what the piece of equipment sells for.

Broadcast Dates

• Morning Edition, September 1, 2009