Rental Update – 2016-Q4 in Review

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.