Overall, confidence in the equipment finance market is 50.3, steady with the August index of 50.4.
Equipment Leasing & Finance Foundation
One survey respondent doesn't see imminent uptick unless there is return to energy independence.
Overall, confidence in the equipment finance market is 47.0, a decrease from the March index of 50.3.
Year-to-date, cumulative new business volume was up nearly 9% compared to 2022.
This month’s index is 50.3, a decrease from the February index of 51.8.
Year-over-year trend highlighted in ELFA monthly report.
Overall, confidence in the equipment finance market is 51.8, an increase from the January index of 48.5
None of the leadership evaluate the current U.S. economy as 'excellent.'
Equipment Leasing and Finance Association Forecasts Sluggish Growth in Year Ahead
Cautious optimism is a theme for the industry moving into 2023.