Recently Released Market Study: Tool & Equipment Rental in the US
Equipment rental centers were hard-hit by the subprime mortgage crisis. Falling construction levels caused rentals of construction equipment, a major source of industry revenue, to suffer. Better times are ahead, as the economic recovery will drive up construction and renovations. To save money, households and businesses will opt to rent equipment rather than purchase them. Rental centers will have to remain wary of rising theft, but increasing demand for rentals during the economic recovery will keep profit steady.
View full press release