After solid growth in 2017, investment in equipment and software should remain strong in 2018 and is projected to expand 7.9% (up from 7% in the Q3 Economic Outlook published in July) according to the Q4 update to the 2018 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation.
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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.