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Report Shows 26% Revenue Growth from Tractors in February

March 19, 2021

The latest Tractor Market Update report from Constellation Data Solutions shows dealers' revenue was up 26% year-over-year in February. The report is based on the responses of 271 same store tractor dealers who have submitted data each month for 3 years in a row. Revenue from tractor sales in the U.S. were up 31% in February, while Canadian revenue was down 15%. 

Tractor Market Growth Feb 21
Source: Ideal Computer Systems

The West region saw the largest amount of growth, with sales up 70% in February. That was followed by 42% growth in the Northeast and 35% in the midwest. The South saw the smallest increase at 9%. 

Regional Tractor Market Growth Feb 21
Source: Ideal Computer Systems