Outlook Report forecasts rise in equipment software investment.
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Press Release Summary:
Equipment Leasing & Finance Foundation has launched its 2012 Equipment Leasing and Finance U.S. Economic Outlook. Focused on $628 billion equipment finance sector, forecast provides 3-6 month outlook for industry investment with data, including summary of investment trends in key equipment markets, credit market conditions, U.S. macroeconomic outlook, and key economic indicators. According to report, investment in equipment and software will grow by 9% in 2012.
Original Press Release:
New Outlook Report Forecasts Rise in Investment in Equipment and Software in 2012
Washington, DC, -- The Equipment Leasing & Finance Foundation (the Foundation) launches its 2012 Equipment Leasing & Finance U.S. Economic Outlook today. The new report, which is focused on the $628 billion equipment finance sector, forecasts equipment investment and capital spending in the United States, and evaluates the effects on various related and exogenous factors in play currently and into the foreseeable future. Overall, the report forecasts investment in equipment and software will grow by 9 percent in 2012.
The Foundation produced the 2012 Equipment Leasing & Finance U.S. Economic Outlook report in partnership with economics and public policy consulting firm Keybridge Research. The annual economic forecast provides a three-to-six-month outlook for industry investment with data, including a summary of investment trends in key equipment markets, credit market conditions, the U.S. macroeconomic outlook, and key economic indicators. The report will be updated quarterly throughout 2012.
"The Foundation is pleased to present a valuable and unique tool that distills economic data from a variety of sources into a brief analysis specific to the equipment finance industry," said Foundation Chairman Cameron W. Krueger, a Director at Deloitte. "Our industry is a critical component of the American economy and this report forecasts continued growth."
"The new Equipment Leasing & Finance U.S. Economic Outlook complements the Foundation's Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) and the Equipment Leasing and Finance Association's Monthly Leasing and Finance Index (MLFI-25) in providing a full picture of industry and economic conditions affecting the $628 billion equipment finance industry from the historical, present, and future perspectives," said William G. Sutton, CAE, President of the Foundation and President and CEO of the Equipment Leasing and Finance Association.
Key findings include:
Download the full report at http://www.leasefoundation.org/IndRsrcs/EO/.
The Equipment Leasing & Finance Foundation is a 501c3 non-profit organization that provides vision for the equipment leasing and finance industry through future-focused information and research. Primarily funded through donations, the Foundation is the only organization dedicated to future-oriented, in-depth, independent research for the leasing industry. Visit the Foundation online at www.LeaseFoundation.org.
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