Rentals continue to be a growing share of the total fleet of construction equipment in the U.S., according to a study by the American Rental Association.
ARA's Rental Penetration Index rose to 53.9% last year from 52.9% in 2013, according to John McClelland, ARA vice president for government affairs and chief economist. Compiled by ARA and IHS Economics, the weighted index measures the total percentage of construction equipment owned by rental companies in the U.S.