Although the final numbers have yet to be tallied for last year, it is expected that equipment and software investment for 2016 will ultimately close down 1.1%, including three consecutive quarters of declining growth.
Rebound Year Forecast for 2017
It is expected that equipment and software investment for 2016 will ultimately close down 1.1%, including three consecutive quarters of declining growth. This trend is expected to reverse in the new year, however, as investment in equipment and software is expected to grow 3.0% in 2017, according to the Annual 2017 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation.

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