The Equipment Leasing and Finance Association revealed its top 10 equipment acquisition trends for 2018. Given U.S. businesses, nonprofits and government agencies will spend more than $1.6 trillion on capital goods or fixed business investment (including software) this year, financing a majority of those assets, these trends impact a significant portion of the U.S. economy. In 2018, businesses are expected to make their largest capital investments since 2012.
ELFA President and CEO Ralph Petta said, “Equipment acquisition is a key driver of supply chains across all U.S. manufacturing and service sectors. Equipment leasing and financing provide the source of funding for a majority of U.S. businesses—8 out of 10—to acquire the productive assets they need to operate and grow. We are pleased to again provide the Top 10 Equipment Acquisition Trends in order to assist businesses in understanding the market environment and planning their acquisition strategies.”
ELFA distilled recent research data, including the Equipment Leasing & Finance Foundation’s 2018 Equipment Leasing & Finance U.S. Economic Outlook, industry participants’ expertise, and member input from ELFA meetings and conferences in compiling the trends.
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