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Continued Industry Growth Expected Through Year' s End

By ALM Staff | Law Journal Newsletters |
November 02, 2014

The Equipment Leasing & Finance Foundation has released its Q4 update to the 2014 Equipment Leasing & Finance U.S. Economic Outlook, which forecasts investment in equipment and software to grow 5.5% in 2014. This is revised up from the Q3 update forecast of 2.6% growth issued in July.

According to the report, the U.S. economy is expected to grow 2.2% in 2014. While the economy appears to be exhibiting gradually improving health, serious downside risks remain, including geopolitical conflict, and continued accommodative monetary policy. Looking ahead, the study expects continued growth in Q3, and modest sector growth for the coming year, with an overall forecast of 5.5% growth in 2014. Credit supply continues to improve, and credit demand has held steady for all business sizes.

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