November 4, 2013

Total equipment rental revenue in North America for 2013 is expected to reach $38.0 billion, according to the latest figures released by the American Rental Association (ARA) from its ARA Rental Market Monitor service updated in late October. This figure represents a 6.2% increase over 2012 with fourth-quarter revenue growth projected to be 7.1%.

The figure includes revenue for all three segments of the equipment rental industry -- construction/industrial, general tool/DIY and party/special event -- in both the United States and Canada combined.