ARA forecasts double-digit growth for equipment rental

Industry News

istock.com/Alex_533 Moline, Ill. — Even with supply chain issues and labor shortages, U.S. equipment rental revenue, including both construction and general tool, is expected to grow by 11.1% to reach nearly $56 billion in 2022, according to the latest quarterly forecast released by the American Rental Association (ARA). Construction equipment rental is leading the way,…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Sizing Up the U.S. Housing Market, From Hot to Not
Many lumber prices flat as ongoing delivery delays resolved: Madison’s
Stock market news live updates: Stocks rise as indexes head for weekly gains
Global Forestry Equipment Tire Market Research Analysis 2022-2029 Top Companies Trelleborg, Michelin, Aichi, Mitas, Advance, Hankook
Stock Market News: Dow jumps 825+points, companies react to Roe v. Wade