According to the Equipment Leasing & Finance Foundation‘s July 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) , overall confidence in the equipment finance market is 46.4, an increase from the June index of 44.1. read more

JUL 20, 2023 - 7:07 am

The Equipment Leasing & Finance Foundation raised its annual U.S. GDP forecast to 1.6% but decreased its annual estimate for equipment and software investment growth to 0.9% in the third quarter update to its 2023 Equipment Leasing & Finance U.S. Economic Outlook. read more

JUL 19, 2023 - 7:05 am

According to the latest preliminary release of ACT Research’s State of the Industry: U.S. Classes 3-8 Used Trucks report, preliminary Class 8 same dealer used truck retail sales volumes improved again in June, rising 4% month over month. read more

JUL 19, 2023 - 6:47 am

The equipment industry increased new business volume by 6.3% in 2022, according to the 2023 Survey of Equipment Finance Activity (SEFA) from the Equipment Leasing and Finance Association. This result is a modest decrease from the industry’s growth of 7.4% in 2021. read more

JUL 18, 2023 - 6:48 am

According to JPMorgan Chase’s 2023 Midyear Business Leaders Outlook survey, 45% of business leaders anticipate a recession before year-end or believe the economy is already in one, down from 65% six months ago. read more

JUL 17, 2023 - 6:58 am

According to the Golub Capital Altman Index, middle-market private companies in the index experienced year-over-year earnings growth of 5% and revenue growth of 4% during the first two months of Q2/23. read more

JUL 14, 2023 - 7:11 am

According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks stayed at 13.4% in June. Meanwhile, small banks experienced increased approval percentages for the first time since January, going from 18.7% in May to 18.8% in June. read more

JUL 13, 2023 - 7:09 am

According to Sandhills Global’s newest market reports, used heavy-duty truck, semitrailer and construction machinery in Sandhills marketplaces in June followed the same trends observed in previous months, with inventory levels increasing, driving asking and auction values down. read more

JUL 12, 2023 - 6:52 am

According to the the latest Hospital ISM Report on Business from the Institute for Supply Management, economic activity in the hospital subsector grew in June after one month of contraction preceded by 35 consecutive months of growth. read more

JUL 10, 2023 - 7:06 am

According to new data from the International Data Corporation's Worldwide Semiannual Public Cloud Services Tracker, worldwide revenue for the public cloud services market totaled $545.8 billion in 2022, an increase of 22.9% over 2021. read more

JUL 7, 2023 - 7:01 am

According to the latest Services ISM Report on Business from the Institute for Supply Management, economic activity in the services sector expanded in June for the sixth consecutive month as the Services PMI registered 53.9%. read more

JUL 7, 2023 - 6:59 am

According to data provided by Epiq Bankruptcy, the 2,973 total commercial Chapter 11 bankruptcies filed during the first six months of 2023 represented a 68% increase over the 1,766 filed during the same period in 2022. Individual Chapter 13 filings increased by 23% during the same period. read more

JUL 5, 2023 - 7:10 am

Economic activity in the manufacturing sector contracted in June for the eighth consecutive month following a 28-month period of growth, according to the latest Manufacturing ISM Report on Business from the Institute for Supply Management. read more

JUL 5, 2023 - 7:00 am

The Federal Reserve Board released the results of its annual bank stress test, that demonstrates that large banks are well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession. read more

JUN 29, 2023 - 7:17 am

According to the results of a new survey from the Equipment Leasing & Finance Foundation, the equipment finance industry is experiencing a negative impact on business conditions due to recent bank failures and their attendant liquidity issues. read more

JUN 28, 2023 - 7:03 am