The Equipment Leasing & Finance Foundation (ELFF) released the August 2014 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), reporting that overall confidence in the equipment finance market is 58.9, easing from the previous two months’ indexes of 61.4.
When asked about the outlook for the future, MCI-EFI survey respondent Thomas Jaschik, president, BB&T Equipment Finance, said, “The next two months will be very interesting for the equipment finance industry. Will the economy accelerate, as many economists have predicted? Will U.S. business feel confident in making capital investments? Or, will the economy continue its lackluster recovery? The next 60 days should tell whether this will be a year of exceptional or limited growth for our industry.”
August 2014 Survey Results:
To view the full ELFA August report, click here.
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