ARA forecast shows positive outlook with softening growth for equipment rental
The outlook calls for a slowdown of growth after 2022 revenue surpassed pre-pandemic highs The American Rental Association (ARA) indicates that United States equipment rental revenue surpassed its pre-pandemic highs in 2022, ending the year as a $56.1 billion industry. The ARA released the updated first-quarter forecast at The ARA Show™ 2023 in Orlando. In 2023, the United States equipment rental industry’s growth with soften, but...
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