The Equipment Leasing & Finance Foundation (the Foundation) has released the June 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market increased to 45.8, up from the May index of 25.8.
Continued adoption and integration of new technologies to improve crop yields and meet the soaring demand for food are expected to be key influencers for growth in the agriculture market, according to a new study, Vertical Market Outlook Series: Agriculture Equipment released by the Equipment Leasing & Finance Foundation.
The Equipment Leasing & Finance Foundation has released the January 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market rose for the third consecutive month to 59.9, an increase from the December index of 56.2.
The Equipment Leasing & Finance Foundation has released the December 2019 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market is 56.2, an increase from the November index of 54.9.
Equipment and software investment growth decelerated during the second consecutive quarter and is expected to moderate at 3.9% (unchanged from the Q3 Update of the Economic Outlook published in July), according to the Q4 Update to the 2019 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation.
After two consecutive years of solid growth, equipment and software investment growth is likely to slow in 2019 to 3.9%, according to the Q3 update to the 2019 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation.
The Equipment Leasing & Finance Foundation released the June 2019 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) last week. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $1 trillion equipment finance sector. Overall, confidence in the equipment finance market was 52.8, easing from the May index of 59.2.
After 2 consecutive months of increases, confidence in the equipment finance market was reported down to 58.3 in April, a 2 point drop from March. Despite this drop in April, the results are still above the confidence levels indicated in January which were at 53.4.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.