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 .
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, dated 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 throw a spanner in the ARA's works. "Good [policy] decisions could improve the outlook while poor ones could substantially diminish it," said Scott Hazelton, the managing director of IHS Markit.