Economy

Equipment Leasing Compensation Increases As New Business Volume Grows

According to the 2015 Equipment Leasing and Finance Association, total compensation on a “same-store” basis was up 3% in 2014, fueled by a fifth straight year of year-over-year increase in new business volume. read more

Amex Survey: U.S. Middle Market Companies Optimistic about Business Prospects

According to a new Amex Survey of mid-sized companies, nearly 75% expect the economy to grow over the next 12 months and a similar number expect the economy will have a positive impact on their company’s business prospects. read more

Fed’s Beige Book Indicates General Economic Expansion

According to the most recent Beige Book from the Federal Reserve, the U.S. economy expanded across most regions from July to mid-August, with manufacturing experiencing largely positive results. read more

ISM: Manufacturing Expands Despite Slight PMI Drop

The manufacturing sector expanded in August for the 32nd consecutive month, while the overall economy grew for the 75th month in a row despite a slight drop in the PMI to 51.1%. read more


Small Business Lending Index at Second Highest Point Since 2005

The Thomson Reuters/PayNet Small Business Lending Index reached 145.2 in August, marking the second highest reading since 2005. read more

NACM August Credit Index Falls Below Optimistic July Reading

There was a sharp drop in the NACM Credit Managers’ Index in August, as it fell from the high of 56 in July to 54.2. read more

Leaseurope/Invigors Leasing Survey Predicts Strong H2/15

The latest findings of the Leaseurope/Invigors European Business Confidence survey highlight an overall optimistic outlook for the European leasing business in the second half of 2015. read more

MAPI: GDP Forecast Dips to 2.3%

According to the quarterly forecast from the MAPI Foundation, adjusted gross domestic product will expand 2.3% in 2015, which is down slightly from the May forecast (2.4%). read more

GDP Up 3.7%; Beats Expectations in Q2/15

Real gross domestic product (GDP) increased at an annual rate of 3.7% in Q2/15, marking a major stride forward in comparison to the 0.6% growth rate in Q1/15, according to the Bureau of Economic Analysis. read more

Durable Goods Orders Rise 2%; Transportation Equipment Leads Charge

New orders for manufactured durable goods increased $4.6 million or 2% to $241.1 billion, according to the U.S. Department of Commerce. The increase was once again fueled by transportation equipment. read more

GE Capital CDF Dealer Financing Volume Up 12%

The outdoor products industry, which includes lawn, garden and agriculture equipment, is experiencing healthy growth, according to GE Capital Commercial Distribution Finance. read more

ELFA’s Equipment Leasing Index Up 4% Y/Y

According to the ELFA’s Monthly Equipment Leasing and Finance Index, overall new business volume for July was $8.2 billion, up 4% from new business volume in July 2014. However, volume was down 14% from $9.5 billion in June. read more

Equipment Finance Confidence Rises Sharply in August

In its monthly confidence index, the Equipment Leasing and Finance Foundation found that confidence in the equipment finance industry rose to 67.4 in August, marking a steep increase from the July index of 62.6. read more

ACT: Class 8 Truck Orders Top Forecast

Class 8 trucks totaled 24,600 net new orders in July, while Classes 5-7 posted 15,900 net orders, according to the latest report by ACT Research. read more

U.S. Manufacturing July Output Advances 0.8%

The Fed reported industrial production increased 0.6% in July as manufacturing output advanced 0.8% primarily because of an increase in motor vehicle assemblies. The Fed said the index for business equipment edged up. read more

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