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 projected U.S. equipment and event rental industry revenue to grow consistently on an annual basis, resulting in total revenue of $64.1 billion in 2022. read more

MAY 22, 2018 - 6:39 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 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

February U.S. cutting tool consumption totaled $174.98 million, up 1.1% from January’s $173.05 million and up 0.6% year over year. 2017 is up 4.5% when compared with 2016. read more

APR 13, 2017 - 6:29 am

According to the USCTI and AMT, November U.S. cutting tool consumption totaled $168.69 million, a 9.3% year-over-year increase. With a year-to-date total of $1.867 billion, 2016 was down 5.7% when compared with 2015. read more

JAN 17, 2017 - 6:47 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