Rental Update
A quarterly recap of retail rental rate trends for the US and Canada, analyzing weekly rates across the 10 most popular equipment sub-types.
Highlights
The trends and analysis of daily, weekly and monthly retail rental rates:
- For the first time since Q1 2020, all average rental rates increased
- Most equipment types saw quarter-over-quarter weekly rental rate increases of less than two percent, but single drum vibratory compactors and crawler mounted compact excavators both saw increases above three percent
- All 11 U.S. regions saw quarter-over-quarter increases in their weekly rental rates