Bloomberg reported that factory production rose in February by the most in six months, showing manufacturing will help the U.S. economy emerge from a weather-related setback.
Bloomberg said, based on data from the Federal Reserve, the 0.8% gain exceeded the highest estimate in a Bloomberg survey and followed a revised 0.9% slump in January.
Bloomberg noted that the data point to an expansion that will keep improving as temperatures warm, one reason why Fed policy makers this week will probably stick to their strategy of reducing the pace of monthly bond purchases.
Have good economic times led to an over production of equipment with negative value implications? If the economy declines, will residual values follow? Is there a growing residual value risk? This article will present several examples of residual value risk... read more
On November 6, nearly 100 equipment finance and leasing professionals came together at the Museum of the American Revolution in Philadelphia for Monitor’s inaugural conference, Equipment Finance Disrupted+. “We couldn’t have been more pleased with how our first conference turned... read more