Slowing Equipment Investment Expected to Stabilize or Improve in Second Half of 2012


The Equipment Leasing & Finance Foundation released a new quarterly update to its 2012 Equipment Leasing & Finance U.S. Economic Outlook on July 10. The report, which is focused on the $628 billion equipment leasing and finance industry, forecasts equipment investment and capital spending in the United States and evaluates the effects of various related and exogenous factors in play currently and into the foreseeable future. According to the Q3 Outlook, the projected growth in equipment and software investment for 2012 has slowed to 6.4 percent, down from the previous projection of 6.9 percent. The recent slowdown in economic activity indicates that equipment investment continued to lose momentum in Q2, but forward-looking indicators suggest growth will stabilize and potentially improve in the second half of the year. Read more