Leasing industry update
Report on September 2023 from Equipment Leasing & Finance Foundation
- Survey shows confidence in equipment finance market is 50.3, down slightly from August
- Only 3% of leasing executives think business conditions will improve in 2023
- 13.8% believe it will worsen
- 3% believe equipment leasing transactions will increase
- 10.3% believe it will decrease
- Not one executive surveyed believes that the US economy is good
- 10.3% believe it is poor
- 9% believe it will improve
- 31% believe it will get worse