By Mark S. Kuhar In what is likely to be a more challenging year for both the economy and the equipment finance industry, the 2023 forecast for equipment and software investment growth is 4.2%, according to the 2023 Equipment Leasing & Finance U.S. Economic Outlook. The report released by the Equipment Leasing & Finance Foundation also forecasts sluggish U.S. GDP…
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Equipment Leasing & Finance Foundation Offers Mixed Economic Outlook
Investment in equipment and software is projected to expand 1.1% in 2020 while U.S. economic growth slows to 1.7%, according to the 2020 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation.
Read MoreGrowth Predicted for Construction, Mining Equipment Investment
After solid growth in 2017, investment in equipment and software should remain strong in 2018 and is projected to expand 7.9 percent (up from 7.0 percent in the third-quarter Economic Outlook published in July) according to the fourth-quarter update to the 2018 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation.
Read MoreForecast: 2.8 Percent Growth In Equipment, Software Investment
Investment in equipment and software is expected to grow 2.8 percent in 2017, according to the Q2 update to the 2017 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation.
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