Industry Gathering
US Equipment Financial Leasing Foundation: confidence index of equipment financial leasing industry increased in August 2016
Published on:
2016-08-26 18:01
Source:
The US Equipment Finance Leasing Foundation released the monthly confidence index (MCI-EFI) of the US equipment finance industry in August 2016. This index qualitatively evaluates the general operating conditions and future expectations given by major executives of equipment financing companies with $1 trillion in industry capital by collecting industry leadership data. Overall, the US equipment financing market confidence index was 54.8 in August, higher than 52.5 in July.
When asked about the future development prospects of the equipment finance leasing industry in the United States, Adam D. Warner, President of Key Equipment Finance, a MCI-EFI survey respondent, said, "Capital asset acquisitions are gradually slowing down. The US presidential election and ongoing concerns about the uncertainty of commercial investment in Europe and China have brought full negative energy to the development of this industry
Survey results in August 2016:
The overall MCI-EFI in August 2016 was 54.8, higher than the 52.5 in July 2016.