Economic activity in the manufacturing sector grew in January, with the overall economy notching an eighth consecutive month of growth, according to the latest Manufacturing ISM Report on Business from the Institute for Supply Management. read more

FEB 2, 2021 - 6:23 am

The Equipment Leasing and Finance Association revealed its top 10 equipment acquisition trends for 2021. Among these, the ELFA predicts capital spending will show positive growth and that digitalization will be pervasive in the post-COVID-19 equipment finance environment. read more

JAN 25, 2021 - 6:39 am

According to the Equipment Leasing & Finance Foundation’s January 2021 Monthly Confidence Index for the Equipment Finance Industry, confidence in the equipment finance market is 59.6, unchanged from the December index and in line with pre-COVID-19 pandemic levels. read more

JAN 21, 2021 - 6:56 am

According to the U.S. Bureau of Labor Statistics, there were 10.7 million unemployed persons in the U.S. in December, as total nonfarm payroll employment fell by 140,000 and the unemployment rate remained at 6.7%. read more

JAN 11, 2021 - 6:50 am

Economic activity in the hospital subsector grew in December for the seventh consecutive month, according to the latest Hospital ISM Report on Business from the Institute for Supply Management. read more

JAN 11, 2021 - 6:45 am

Economic activity in the services sector grew in December for the seventh month in a row, according to the latest Services ISM Report on Business from the Institute for Supply Management. read more

JAN 8, 2021 - 6:20 am

International Data Corporation expects that worldwide shipments of used smartphones reached a total of 225.4 million units in 2020. This represented an increase of 9.2% over the 206.5 million units shipped in 2019. read more

JAN 8, 2021 - 6:18 am

Economic activity in the manufacturing sector grew in December, with the overall economy notching an eighth consecutive month of growth, according to the Institute for Supply Management. read more

JAN 6, 2021 - 6:55 am

According to Epiq, 2020 had the lowest number of bankruptcy filings in the U.S. since 1968, with a total of 529,068 filings across all chapters. However, Chapter 11 filings continued to grow year-over-year, rising 29% to 7,128 new filings in 2020 compared with 5,518 in 2019. read more

JAN 6, 2021 - 6:52 am

The National Association of Credit Management’s Credit Manager’s Index held strong in December, with a combined score of 57.8, which was down a tenth of a point from November and 0.6 points from October. December’s score is more than three points higher than December 2019. read more

JAN 4, 2021 - 7:02 am

According to the Equipment Leasing & Finance Foundation, despite a surge in Q3/20, due to the historic deep decline in Q2/20, the U.S. economy is expected to end the year down 3.5% from 2019. However, the economy is expected to grow 4.7% in 2021. read more

DEC 22, 2020 - 6:46 am

According to the Equipment Leasing & Finance Foundation’s December 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 59.7, an increase from the November index of 56.1. read more

DEC 18, 2020 - 7:04 am

Annual equipment and software investment will grow 7.8% in 2021, while annual U.S. GDP will grow 4.7%, according to a report from the Equipment Leasing & Finance Foundation. read more

DEC 17, 2020 - 7:09 am

In October, the PayNet Small Business Lending Index increased 2.5 points to 147.3, although that was 0.9% below last year’s October level. While the SBLI rose moderately again in October, preliminary November data suggests challenges ahead as COVID-19 cases rise once again. read more

DEC 7, 2020 - 7:52 am

Economic activity in the services sector grew in November for the sixth month in a row, according to the latest Services ISM Report On Business from the Institute for Supply Management. read more

DEC 4, 2020 - 7:19 am