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ARA releases equipment and event rental revenue forecast
December 8th, 2020
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. The latest forecast released by the association on Nov. 12, 2020, calls for modest overall growth in 2021, ticking up 0.3 percent to $48.9 billion, […]
Equipment rental revenue set to top $57 billion in 2020
August 8th, 2016
The five-year forecast for the equipment rental industry released by the American Rental Association (ARA) projects a compound annual growth rate in revenue of 4.9 percent to reach $57.3 billion in the U.S. in 2020. Updated at the end of July, the numbers in the forecast are slightly modified compared to ARA’s quarterly forecast in […]