The latest quarterly forecast of equipment rental industry revenues from the American Rental Association ( ARA ) has predicted stronger growth in the sector than the previous update . The most recent report , released 3 May , has US revenues set to reach $ 49.4bn in 2017 , rising to $ 56bn in 2020 , with an average annual growth rate of 4.6 % . “Good decisions could improve the outlook while poor ones could substantially diminish it. Tax reform and infrastructure spending are two issues that could be a spanner in the ARA 's path . " Good [ policy ] decisions could improve the outlook while poor ones could substantially diminish it , " said David Smith , the managing director of IHS Markit .
The latest quarterly forecast of equipment rental industry revenues from the American Rental Association ( ARA ) has predicted stronger growth in the sector than the previous update . The most recent report , released 3 May , has US revenues set to reach $ 49.4bn in 2017 , rising to $ 56bn in 2020 , with an average annual growth rate of 4.6 % . Tax reform and infrastructure spending are two issues that could be a spanner in the ARA 's path . " Good [ policy ] decisions could improve the outlook while poor ones could substantially diminish it , " said David Smith , the managing director of IHS Markit .