American Rental Association forecasts softened growth in Canada and the U.S.
In its updated forecast, the American Rental Association (ARA) indicates that the United States equipment rental industry's 2024 growth projection indicates softening. The most current projections indicate a 8.9 percent revenue increase in 2024 totalling $78.7 billion in construction and general tool rental revenue and a 5.3 percent growth in 2025.
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In its updated forecast, the American Rental Association (ARA) indicates that the United States equipment rental industry's 2024 growth projection indicates softening. The most current projections indicate a 8.9 percent revenue increase in 2024 totalling $78.7 billion in construction and general tool rental revenue and a 5.3 percent growth in 2025.
