Equipment Type

Rental-Fleet Spending Growth Slows

The drop in percentage of rental Giants who increase fleet spending is not likely to be quite as precipitous as this graph suggests. Seventy-five percent and 88 percent forecast increased spending in 2004 and 2005, respectively, so the forecasts have been consistently low. Twenty-seven percent of Giant rental firms expect to hold fleet spending at last year's level, and 18 percent will cut flee...

January 01, 2007

The drop in percentage of rental Giants who increase fleet spending is not likely to be quite as precipitous as this graph suggests. Seventy-five percent and 88 percent forecast increased spending in 2004 and 2005, respectively, so the forecasts have been consistently low. Twenty-seven percent of Giant rental firms expect to hold fleet spending at last year's level, and 18 percent will cut fleet spending.

 Illustration - Rental-Fleet Spending Growth Slows

Source: Construction Equipment Giants Study, 2006

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