ISM Projects Continued Expansion of US Economy in 2022

The U.S. economy will continue to expand for the rest of 2022, according to the Institute for Supply Management’s spring 2022 semiannual economic forecast. read more

ELFA: New Business Volume in Equipment Finance Rises 7% Y/Y in April

According to the Equipment Leasing and Finance Association, overall new business volume in the equipment finance industry for April was $10.5 billion, up 7% year over year from new business volume in April 2021 but relatively unchanged from $10.6 billion in March. read more

Global Jet Capital Projects 5.1% Growth in Business Jet Market by 2026

In its updated five-year business jet market forecast, Global Jet Capital projected $186.8 billion in total transaction volume of new and pre-owned business jet transactions between 2022 and 2026, with a compound annual growth rate of 5.1% during that time. read more

Equipment Finance Industry Confidence Decreases in May

According to the Equipment Leasing & Finance Foundation’s May 2022 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 49.6, a decrease from the April index of 56.1. read more

Ritchie Bros. Reports Slowing M/M Price Inflation Rates for Most Equipment Types

In its May market trends report, Ritchie Bros. reported pricing is still up year over year, but some month-to-month inflation rates are slowing. For example, in the United States, truck tractor prices are up approximately 52% year over year after they were up 58% year over year in last month's report. read more

ACT Research: April Preliminary US Net Orders Slid 58% M/M

ACT Research’s preliminary reports show that net trailer orders in April were 16,100 units, down almost 60% from the previous month and up slightly from the same month last year. read more

Small Business Lending Approval Rates Inched Upward in April

Small business loan approval percentages at big banks (more than $10 million in assets) rose from 14.9% in March to 15.1% in April, and approval at small banks (under $10 billion in assets) also increased, rising from 20.6% in March to 20.8% in April, according to Biz2Credit. read more

Fleets Are Accelerating Use of Clean Vehicles

According to Gladstein, Neandross & Associates’ third annual State of Sustainable Fleets Market Brief, transportation fleets continued to report a resounding trend — their use of clean fuels and advanced vehicle technologies is rapidly progressing. read more

KBRA Equipment Loan and Lease Indices Show Continued ‘Solid Credit Performance’ in April

According to Kroll Bond Rating Agency’s equipment loan and lease indices for April, remittance reports continued to show solid credit performance across securitized equipment loan and lease pools. read more

IDC: Worldwide Telecom Services Market Grew 1.6% in 2021

Worldwide spending on telecom services and pay TV services reached $1.566 billion in 2021, an increase of 1.6% year over year, according to the International Data Corporation’s Worldwide Semiannual Telecom Services Tracker. read more

ISM: Manufacturing Economic Activity Remains Positive Despite Labor Shortages

Economic activity in the manufacturing sector grew in April, with the overall economy achieving a 23rd consecutive month of growth, according to the latest Manufacturing ISM Report on Business from the Institute for Supply Management. read more

ACT Research: Preliminary Data Shows Subdued Order Activity in April

According to preliminary data from ACT Research, North American Class 8 net orders in April reached 15,800 units, while North American Classes 5-7 net orders slid to 19,500 units. read more

Boeing Capital Reports Increased Stability and Growth for Aircraft Finance Sector

According to Boeing Capital’s 2022 Commercial Aircraft Financing Market Outlook, the aircraft financing market is showing improved financing stability as the industry recovers from the impacts of the COVID-19 pandemic. read more

ELFA: New Business Volume in Equipment Finance Rises 14% Y/Y in March

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, overall new business volume for March was $10.6 billion, up 14% year over year from March 2021. In addition, volume was up 49% month to month from $7.1 billion in February. read more

Equipment Finance Industry Confidence Dips Further in April

The Equipment Leasing & Finance Foundation released the April 2022 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Confidence in the equipment finance market is 56.1, a decrease from the March index of 58.2. read more

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