The outlook for equipment rental revenue remains positive for 2021 and beyond, according to the American Rental Association’s updated third quarter forecast, with the association projecting a 3% increase in 2021 compared with 2020. read more

OCT 20, 2021 - 6:20 am

According the American Rental Association’s updated second quarter forecast, equipment rental revenue is expected to exceed $47.8 billion in 2021, which would be nearly a 3.5% increase over 2020 and greater than last quarter’s forecast, which called for a 3.1% increase this year. read more

AUG 18, 2021 - 6:38 am

Equipment rental revenue, comprised of the construction/industrial and general tool segments, is expected to explode past its previous peak totals in 2022, according to the latest forecast released by the American Rental Association. read more

MAY 19, 2021 - 6:49 am

The American Rental Association is forecasting a 13% decline in equipment and event rental revenue this year compared with 2019, making for a drop to $48.7 billion in the United States. read more

NOV 16, 2020 - 7:08 am

In its latest five-year forecast, the ARA expects equipment rental industry revenue to continue to grow consistently in the U.S. over the next five years, resulting in total revenue of $59.6 billion in 2021. read more

FEB 20, 2018 - 6:29 am

The ARA projected equipment rental industry revenue to grow consistently with a compound annual growth rate between 2017 and 2021 of 4.7% in the U.S., resulting in total revenue of $59.3 billion in 2021. read more

NOV 14, 2017 - 6:48 am

The latest quarterly update to the five-year forecast for equipment rental industry revenues released by the American Rental Association continues to call for steady gains through 2021. read more

AUG 3, 2017 - 6:16 am

According to the American Rental Association’s most recent forecast, equipment rental industry revenues will experience steady gains over the next five years. read more

MAY 10, 2017 - 6:14 am

The American Rental Association projected that equipment rental revenue will reach $55.5 billion in the U.S. in 2020. read more

NOV 8, 2016 - 6:54 am