Rental-Fleet Spending Growth Slows

Staff | September 28, 2010

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