The Equipment Leasing & Finance Foundation released its Q3 Equipment Leasing & Finance Industry Snapshot, which is a collection of 18 slides that summarize the current conditions of the U.S. economy and equipment finance industry.
The Snapshot is prepared by Keybridge Research and updated quarterly.
According to the Q3 update, economic growth will strengthen in 2018 as business investment rose 10.4% in Q1/18. However, the update also noted that, “end-users are starting to demonstrate a slightly lower propensity to finance their equipment procurements in light of rising interest rates and increased cash flow from recent tax cuts.”
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!