Executing for Growth and Returns

Industrial Production Expected to Remain Positive 8 Percent Change Real GDP and Industrial Production Real GDP and its Components Percent Change Real GDP 2017F 2018F 2.3 2.7 Consumption 2.6 3.1 Residential Investment 4.3 4.8 Business Fixed Investment 5.1 4.2 Federal Government -0.2 -0.3 State & Local Government 0.2 1.7 Exports 2.7 2.7 1990 1993 1996 1999 2002 2005 2008 2011 2014 2017 2020 Imports 3.8 5.3 0 + -8 -12 Real GDP Industrial production Source: IHS Markit, July 2017 United Rentals Executing for Growth and Returns 9

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