The U.S. equipment rental industry is expected to grow 6.7 percent in 2016 and 2017, 6.2 percent in 2018 and 5.8 percent in 2019 to reach $48.7 billion, according to the American Rental Association’s forecast from the ARA Rental Market Monitor™. Progress is consistent regardless of changes in oil and gas prices, construction and other segments served by the equipment rental industry. Organizations that began renting equipment during and after the recession are expected to continue to rent to control costs.
Equipment rental growth even
Industry News, News | January 27, 2016 | By: ATA
You might also like...
EU pauses countermeasures on U.S. tariffs for 90 days
Applications open for ATA Board of Directors positions
ARA spearheads effort to establish event-specific NAICS code
H-2B visa limit reached, supplemental visas available for application
President Trump pauses most tariffs for 90 days, increases tariffs on Chinese imports