Drop In Rental Revenue Forecast
14 April 2020
The American Rental Association (ARA) forecasts a 16.6 percent decline in industry revenue for 2020, amounting to a reduction of US$9.3 billion, according to a report by KHL’s Lindsey Anderson in Access, Lift & Handlers.
The economic models, according to research conducted by IHS Markit, show slight quarter-over-quarter improvement for the third and fourth quarters of 2020, however. Canadian rental revenue is projected to drop 11.3 percent in 2020.
Read the full article here.
POWER SOURCING GUIDE
The trusted reference and buyer’s guide for 83 years
The original “desktop search engine,” guiding nearly 10,000 users in more than 90 countries it is the primary reference for specifications and details on all the components that go into engine systems.
Visit Now
STAY CONNECTED
Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.
CONNECT WITH THE TEAM
