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ARA Forecasts 2021 Rental, Const. Revenue

Construction Equipment

The American Rental Association (ARA) is forecasting a 13 percent decline in equipment and event rental revenue this year compared to 2019, dropping to $48.7 Construction and industrial rental revenue also is forecast to finish 2020 with a significant hit in revenue,… billion in the United States.

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Manitou 2019 Sales Up 11%

Construction Equipment

Manitou reported 2019 revenue of about $2.3 The company forecast 2020 sales to decline about 10 percent. “?The The group ended the year 2019 with a revenue that exceeded the 2 billion euro mark for… billion (2.09 billion euro), up 11 percent over 2018 numbers, with North American sales up 15 percent.

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Equipment Rental to Rise in 2020: ARA

Construction Equipment

Equipment and event rental companies are expected to generate $58.1 percent compared to 2019, according to the latest updated forecast released today by the American Rental Association (ARA). Construction and industrial equipment rental is… billion in revenue in the United States in 2020, up 3.8

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Rental Revenue Projected up 5 Percent in 2019: ARA

Construction Equipment

The American Rental Association forecasts construction equipment rental in the U.S. percent in 2019, with growth rates of 2.3 The group forecasts 2023 revenue to reach $43.9 percent in 2020, 3.0 percent in 2021, 3.7 percent in 2022, and 3.1 percent in 2023. Total revenue from…

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Outdoor power equipment market projected to be worth $24.1 billion by 2024

Green Industry Professionals

North America to be largest market for outdoor power equipment during forecast period of 2019-2024

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2019 Annual Report & Forecast

Construction Equipment

Last year brought bold moves that bolstered nearly every realm of the construction industry. Tax cuts and reduced regulations buoyed the stock market, and many construction firms geared up for a continuation of the growth seen during 2017. Then came the tariffs tiff, igniting a trade war affecting…

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Fleets Improve in Slower Year

Construction Equipment

Fleet managers report revenue growth far below forecasts half-way through 2019. Even so, equipment pros have expanded fleets and improved overall condition as expected. Construction Equipment sent email invitations to select… In fact, revenue growth is on track to be lower than 2018’s performance.