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2019 Economic Outlook Forecasts 4.1% Expansion in Equipment, Software Investment; Ag Spending to Slow

Investment in equipment and software is projected to expand 4.1% in 2019 according to the 2019 Equipment Leasing & Finance U.S. Economic Outlook released this week by the Equipment Leasing & Finance Foundation. Equipment and software investment increased at a robust rate in the first half of 2018, driven by more preferable tax treatment and a general upswing in the U.S. economy. However, growth slowed in the third quarter and recent data point to…

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