ARA forecasts double-digit growth for equipment rental

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,…