rental growth

ARA Increases Rental Revenue Projections to Reach $64B Annually by 2022

Date: 30-05-2018 / Author: kscally

MOLINE, Ill. - The American Rental Association (ARA) adjusted its five-year forecast to project that U.S. equipment and event rental industry revenue will continue to grow on an annual basis, resulting in total revenue of $64.1 billion in 2022.

The May 2018 update of ARA’s quarterly Rentalytics report is the first to project larger increases in revenue across the board, after the past few years showing minor fluctuations. The latest update expects revenue to total $52.3 billion in 2018 instead of the $51.5 billion forecast in February.

ARA, TechForce Foundation Initiative Promotes Trade Careers for Equipment Rental Industry

Date: 19-03-2018 / Author: kscally

MOLINE, Ill. - The American Rental Association (ARA) and TechForce Foundation are partnering to address the “dire” need for more skilled trade and technical professionals to support future growth in the equipment rental industry.