Uncertainty over election, rates and inflation cloud future for US rental

Speaking to exhibitors at the ARA Show in New Orleans in February, one got the sense that the equipment rental industry in the US has seen a relatively strong period in recent years, backed up by healthy demand from the construction sector and aided by increased infrastructure spend by government.

An updated forecast released in May by the American Rental Association (ARA) suggested that the US could reach $79.2 billion in rental revenue this year, a 2.8% jump from previous estimations which predicted a total of $77.3 billion.