ARA forecasts 37% rise in investment in 2022

Belinda Smart

22 February 2022

The latest updated quarterly American Rental Association (ARA) forecast says construction and industrial equipment rental revenue is expected to lead a US rental industry rebound to exceed pre-Covid levels this year, with a 12% increase in 2022 to $38.9 billion.

Expected increases in infrastructure spending have been cited as a key driver for the positive outlook, and the impact of Covid-19 is set to unwind by year end, the association said. 

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