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US CE rental sales to rise 12.5% in 2022

The American Rental Association (ARA) forecasts significant growth for equipment rental revenue in the United States this year despite economic indicators being described as mixed and uncertain.

Rental penetration up in US

Data from the American Rental Association (ARA) shows that construction and industrial rental penetration - the proportion of the total fleet of construction machines that are owned by equipment rental companies - reached 53.9 per cent last year

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