Construction Jobs Help Bolster Rental Equipment Sector

The American Rental Association expects 2015 to be a busy year. The anticipated growth includes construction/industrial, general tool and party and event. Total total revenue growth of 8.1 percent in 2015 to reach $38.5 billion in the U.S., including all three segments — construction/industrial, general tool, and party and event.revenue growth in the U.S. is estimated to reach $38.5 billion this year, according to a post on ForConstructionPros.com.  “The number of positive offsets in commercial construction, multifamily housing, health care and manufacturing help to counteract the drop in oil prices and contribute to the strong 2015 growth projections for the equipment rental industry,” says Scott Hazelton, managing partner, IHS Inc., a global researcher that compiles data for ARA. “The number of positive offsets in commercial construction, multifamily housing, healthcare and manufacturing help to counteract the drop in oil prices and contribute to the strong 2015 growth projections for the equipment rental industry,” says Scott Hazelton, managing partner, IHS Inc

 

http://www.forconstructionpros.com/press_release/12036134/ara-forecasts-equipment-rental-industry-will-grow-81-in-2015

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