Overall, confidence in the equipment finance market is 50.2, steady with the May index of 50.7.
Pump Industry Insider
Volume was up 18% from $9.3 billion in March.
Overall, confidence in the equipment finance market is 50.7, a decrease from the April index of 52.9.
U.S. import prices saw a 0.4% increase in March, following a 0.3% rise in the previous month, as reported by the U.S. Bureau of Labor Statistics.
March new business volume down 7% year-over-year, up 18% month-to-month and 0.5% year-to-date.
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.
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.