The latest updated quarterly American Rental Association (ARA) forecast for equipment rental revenue now calls for a 10.2 percent increase in 2022 to reach $52.7 billion in the United States, a slight increase from the previous forecast in October...
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February 24, 2022, 07:20 AM
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The outlook for equipment rental revenue, comprised of the construction/industrial and general tool segments, remains positive for 2021 and beyond. The updated third quarter forecast released by the American Rental Association (ARA), shows equipment...
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October 20, 2021, 07:15 AM
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The outlook for equipment rental revenue, comprised of the construction/industrial and general tool segments, has improved over the last quarter. The updated second quarter forecast released by the American Rental Association (ARA) now calls for...
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August 18, 2021, 07:35 AM
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Equipment rental revenue, comprised of the construction/industrial and general tool segments, is expected to explode past its peak totals in 2022 according to the latest forecast released by the American Rental Association (ARA).The updated forecast...
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May 19, 2021, 07:20 AM
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For the first time since the coronavirus (COVID-19) pandemic adversely impacted the equipment and event rental industry last year, the latest the American Rental Association (ARA) forecast calls for more positive growth in 2021 and beyond.The...
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February 19, 2021, 07:18 AM
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The American Rental Association (ARA) is forecasting a 13 percent decline in equipment and event rental revenue this year compared to 2019, dropping to $48.7 billion in the United States.However, the latest forecast released by the association calls...
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November 16, 2020, 07:22 AM
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Equipment and event rental companies are expected to generate $58.1 billion in revenue in the United States in 2020, up 3.8 percent compared to 2019, according to the latest updated forecast released today by the American Rental Association...
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February 12, 2020, 07:20 AM
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The equipment and event rental industry in North America is expected to finish the year with total revenue up 5.35 percent to $61.56 billion, the first time combined rental revenue for Canada and the United States has surpassed $60 billion, according...
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November 12, 2019, 07:20 AM
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The new five-year forecast from the American Rental Association (ARA) updated in August calls for equipment and event rental revenues in North America to surpass $71 billion in 2023, including $64.7 billion in the United States and $6.4 billion in...
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August 26, 2019, 07:20 AM
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The new five-year forecast from the American Rental Association (ARA), updated on May 2, calls for equipment and event rental revenues in North America to surpass $61.3 billion in 2019, including $55.8 billion in the United States and $5.3 billion in...
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May 07, 2019, 07:05 AM
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The latest five-year forecast from the American Rental Association (ARA) calls for equipment and event rental revenues in North America to surpass $61.5 billion in 2019, including $55.8 billion in the United States and $5.7 billion in Canada, up 5.3...
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February 21, 2019, 07:10 AM
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The American Rental Association (ARA) five-year forecast updated in late October now forecasts equipment and event rental revenues in North America to exceed $71.7 billion in 2022, including $65.4 billion in the United States and $6.3 billion in...
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November 20, 2018, 07:17 AM
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The American Rental Association (ARA), for the second quarter in a row, is projecting larger increases in revenue almost across the board for the equipment and event rental industry than it did in the previous five-year forecast released in May.The...
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August 27, 2018, 07:15 AM
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In its latest five-year forecast, the American Rental Association (ARA) projects 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. While the quarterly...
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May 22, 2018, 07:05 AM
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In its latest five-year forecast, the American Rental Association (ARA) expects equipment rental industry revenue to continue to grow consistently in the United States over the next five years, resulting in total revenue of $59.6 billion in 2021....
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February 21, 2018, 07:05 AM
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In its latest five-year forecast, the American Rental Association (ARA) expects equipment rental industry revenue to grow consistently with a compound annual growth rate (CAGR) between 2017 and 2021 of 4.7 percent in the United States, resulting in...
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November 14, 2017, 07:18 AM
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The latest quarterly update to the five-year forecast for equipment rental industry revenues released by the American Rental Association (ARA) continues to call for steady gains through 2021. Overall, ARA’s five-year projection in late July is...
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August 03, 2017, 07:13 AM
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The new five-year forecast for equipment rental industry revenues released by the American Rental Association (ARA) continues to call for steady gains and expectations for growth are greater than in the February forecast.ARA now projects U.S....
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May 10, 2017, 07:18 AM
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The American Rental Association’s (ARA) five-year forecast for equipment rental industry revenues was released by the ARA in January 2017. The forecast shows a moderate strengthening compared to the November forecast. ARA now projects U.S. equipment...
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March 07, 2017, 07:04 AM
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A new five-year forecast for equipment rental industry revenues released by the American Rental Association (ARA) shows a moderate strengthening compared to the November forecast. ARA now projects U.S. equipment rental revenue will reach $48.9...
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February 02, 2017, 07:46 AM
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The latest five-year forecast for the equipment rental industry released by the American Rental Association (ARA) remains positive, even as several economic factors point toward more modest increases over the next five years. ARA now projects...
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November 08, 2016, 07:15 AM
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The American Rental Association (ARA), which offers quarterly updates to its five-year forecast for equipment rental industry revenue to reflect more current economic factors, has released its second quarter outlook, which calls for continued revenue...
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May 05, 2016, 07:17 AM
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The American Rental Association (ARA) latest forecast calls for equipment rental industry revenue growth in the United States of 6.7 percent in 2016 and 2017, 6.2 percent in 2018 and 5.8 percent in 2019 to reach $48.7 billion. The growth pace is...
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November 17, 2015, 07:10 AM
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The equipment rental industry stands poised to set an industry record for revenues in 2015 according to the latest updated industry forecast from the American Rental Association (ARA), despite reduced demand for equipment in oil patch drilling sites....
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May 12, 2015, 07:15 AM
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A strengthened economy, growth in employment and lower gas prices at the pump, generating increased disposable income, all spell favorable news for consumers as well as the equipment rental industry in the United States. Overall, the American Rental...
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January 20, 2015, 07:04 AM
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According to the July American Rental Association Economic Survey, more than 84 percent of those responding expect rental revenue to increase in 2014 over 2013, with 49 percent of respondents anticipating double-digit growth. Overall, more than 92...
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August 04, 2014, 06:08 AM
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A slowdown in inventory accumulation and adverse weather limited first-quarter real gross domestic product (GDP) growth in the United States this year, but total equipment rental revenue growth in North America continued to more than triple the...
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May 05, 2014, 06:59 AM
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GE Capital, Equipment Finance announced that it is expanding its financing program for dealers to purchase construction equipment for use in their rental fleets. About half of U.S. dealers offer rentals in addition to sales — a figure that’s expected...
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January 28, 2014, 07:00 AM
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American Rental Association (ARA) equipment rental store owners and managers as well as product suppliers to the industry continue to show optimism for growth as 2013 draws to a close.In the October ARA Economic Survey, 79 percent of those responding...
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November 11, 2013, 06:39 AM
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Rental Pulse reported that acccording to the American Rental Association (ARA), equipment rental store owners and managers as well as product suppliers to the industry continue to have an optimistic outlook for growth in 2013.According ot the report...
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August 12, 2013, 07:03 AM
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American Rental Association (ARA) equipment rental store owners and managers as well as product suppliers to the industry remain optimistic about growth in the remainder of 2012.More than 83 percent of those responding to ARA’s October 2012 economic...
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October 29, 2012, 06:12 AM
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The forecast for the equipment rental industry remains bright according to the latest data released by the American Rental Association (ARA), despite a slowdown in overall economic growth in the second quarter of 2012. ARA anticipates North American...
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August 14, 2012, 06:17 AM
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The outlook for the equipment rental industry shows increased optimism as first-quarter performance was better than expected, resulting in a more positive outlook for the full year, according to the latest data released by the American Rental...
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May 14, 2012, 07:30 AM
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A report posted on the American Rental Association website, indicates the equipment rental industry outperformed the industries it serves in 2011 and the momentum is expected to carry into 2012 and beyond, according to the latest data released by the...
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February 08, 2012, 07:30 AM
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