Equipment Leasing & Finance Foundation
New Outlook Report Forecasts Rise in Investment in Equipment and Software in 2012
Washington, DC, Dec. 19, 2011 –- 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.”
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