2016-Q4 Rental Market in Review: A quarterly review of the rental market
Key Report Takeaways
2016-Q4 Rental Market in Review
- The 4th Quarter of 2016 was about even in terms of rates increasing or decreasing across heavy equipment rental markets.
- Weekly retail rental rates in the 4th quarter increased in six of the top ten equipment types as compared to Q3.
- Looking forward to 2017 Q1, we expect retail rental rates to remain about the same as Q4.