Economy

ELFF Expects 5% Growth in Equipment Investment

According to the Q3 update from the Equipment Leasing and Finance Foundation, business confidence will likely improve and fuel greater investment in the second half of 2015. read more

May YTD Machine Tool Orders Down 7.9%

May year-to-date U.S. manufacturing technology orders of $1.8 billion were down 7.9% according to The Association for Manufacturing Technology. read more

Non-Manufacturing Sector Rebounds in June

According to the June Non-Manufacturing ISM Report on Business, the non-manufacturing sector experienced growth in June as the non-manufacturing index (NMI) rose to 56%. read more

Construction Equipment Market to Reach $240.97B by 2020

The global construction equipment market is expected to reach $240.97 billion by 2020, registering a compound annual growth rate of 8.9% over the next five years. read more

ACT: Net Class 5-8 Vehicle Orders Decline Again in June

According to the preliminary findings from ACT Research, orders for class 5-8 vehicles dropped by 14% in June, marking the third straight month of decline. read more

ISM: June Manufacturing Activity Up 30th Consecutive Month

According to the Manufacturing ISM Report on Business, economic activity in the manufacturing sector expanded in June for the 30th consecutive month. New orders, production, employment and inventories are growing. read more

Small Business Lending Index Takes a Fall in May

The Thomson Reuters/PayNet Small Business Lending Index decreased by %8 percent in May, although that isn’t necessarily indicative of trouble on the horizon. read more

Supply Chain and Logistics Enjoy Best Year Since Great Recession

The supply chain industry had its best year since the Great Recession in 2014, according to the 26th annual “State of Logistics Report”. read more

ACT Research: Used Class 8 Prices Flatten in May

ACT Research reported that prices of used Class 8 trucks flattened in May, but did show an uptick from last year for the same period. read more

Weak May Trailer Orders Not In Line With Demand

Trailer net orders in May slid 10% according to the most recent State of the Industry: U.S. Trailers published by ACT Research. read more

Volvo Truck Deliveries Boosted 22% in May

Thanks primarily to the increase in deliveries of Volvo brand trucks; Volvo Group reported a 22% increase in North American truck deliveries in May. read more

Banks Step Up Oil Company Credit Reviews

U.S. banks reportedly are stepping up the frequency of credit reviews for oil producers, as regulators flag an emerging risk from the precipitous decline in the commodity’s price over the past year. read more

Bloomberg: FOMC to Focus on Economy at Next Meeting

Bloomberg reported that the June FOMC meeting will focus on economic momentum heading into midyear. read more

GE Capital Releases Q2/15 Fleet Market Economic Outlook

GE Capital released key findings of its Q2/15 Fleet Market Economic Outlook Survey. read more


CEOs Temper Business Plans for Capital Investment

According to the Business Roundtable Q2/15 CEO Economic Outlook Survey, CEOs have tempered business plans for capital investing and hiring, reflecting concerns about the continue sub-par growth trajectory of the U.S. economy. read more

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