Overall, confidence in the equipment finance market is 52.9, the second highest index in the last two years after last month’s index of 55.2.
Pump Industry Insider
The outlook forecasts a 2.2% expansion in equipment and software investment.
February new business volume up 4% year-over-year, down 15% month-to-month, yp 4.9% year-to-date.
Volume was down 26% from $12.5 billion in December following the typical end-of-quarter, end-of-year spike in new business activity.
Overall, confidence in the equipment finance market is 51.7, an increase from the January index of 48.6.
December new business volume up 2% year over year, 51% month to month and 3.9% at year-end.
Overall, confidence in the equipment finance market is 48.6, an increase from the December index of 42.5.
Nearly eight in 10 of U.S. businesses use equipment leasing and financing to acquire the productive assets they need to operate and grow.
November new business volume flat year-over-year, down 19% month-to-month and up 4.1% year-to-date.
Overall, confidence in the equipment finance market is 42.5, steady with the November index of 42.8.
Production cuts are expected to keep global oil production below global oil consumption next year.
October new business volume down 8% year-over-year, up 7% month-to-month, and up 0.7% year-to-date.
Overall, confidence in the equipment finance market is 42.8, an increase from the October index of 40.1.
This is a modest decrease from NBV growth of 7.4% in 2021
September new business volume down 5% year-over-year and 4% month-to-month; up 1.9% year-to-date
Overall, confidence in the equipment finance market is 40.1, a decrease from the September index of 50.3.
Annual GDP forecast raised to 2.3%
August new business volume Up 14% year-over-year, 2% month-to-month and 2.8% year-to-date.
Overall, confidence in the equipment finance market is 50.3, steady with the August index of 50.4.
JKC pump stock index, payrolls & unemployment rates increase.
Overall new business volume for July was $9.9 billion, down 2% year-over-year from new business volume in July 2022.
Confidence in the equipment finance market is 50.4, an increase from the July index of 46.4.