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Economic Outlook Report

By ALM Staff | Law Journal Newsletters |
October 24, 2012

The Equipment Leasing & Finance Foundation has released the fourth quarter update to its 2012 Equipment Leasing & Finance U.S. Economic Outlook, which projects growth in equipment and software investment for 2012 at 6.7%, down from the 2011 growth rate of 11%. 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 external factors in play currently and into the foreseeable future.

The Q4 Outlook showed that growth in equipment and software investment slowed to an annualized rate of 4.8% in Q2, down from 5.4% in Q1. The report finds that the recent slowdown in durable goods shipments indicates that equipment investment continued to lose momentum in Q3, but should remain positive ' albeit at a decelerated pace compared with 2011 ' through the rest of 2012.

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