Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Report: U.S. Equipment Investment Expected to Stabilize or Improve
Jul 16, 2012
 Printable format
 Email this Article
 Search

A recent slowdown in U.S. 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, according to the new quarterly update from the Equipment Leasing & Finance Foundation's Equipment Leasing & Finance U.S. Economic Outlook. Projected growth in equipment and software investment for 2012 slowed to 6.4%, down from the previous projection of 6.9%.

The report focuses on the $628 billion U.S. equipment leasing and finance industry, including forecasting future equipment investment and capital spending in the United States. Equipment includes business, retail, manufacturing, construction, manufacturing, agricultural, and medical equipment.

William G. Sutton, CAE, president of the foundation and president and CEO of the Equipment Leasing and Finance Association, said that foundation data indicates growth is still being hampered by concerns over the European debt crisis and U.S. unemployment and regulatory and political uncertainty.

"However," Sutton added, "we are cautiously optimistic that growth will pick up in the second half of 2012 and into 2013 due to improvements in the manufacturing and housing sectors and lower oil prices."

Back to Daily News

 

Daily News

...........................................................

Nov 26, 2014: Hamilton Beach 3Q income down slightly

Nov 26, 2014: LG's sales of Inverter Linear Compressor refrigerators top 10 million

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows