2Q Economic Outlook Forecasts 4.5% Growth in Equipment & Software; Ag Machinery Investment to Slow

Equipment and software investments are projected to grow 4.5% in the second quarter according to the 2019 Equipment Leasing & Finance U.S. Economic Outlook released this month by the Equipment Leasing & Finance Foundation. At the end of 2018, equipment and software investment growth was strong, increasing 7.4% in the fourth quarter. Authors of the report expect positive growth in equipment investments in 2019 despite a slow start to the year.

Although capital spending…

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