Leasing confidence rises in March

News Story
- 21 Mar 2019 ( #915 ) - Washington, DC, United States
1 min read
Confidence in the equipment finance market increased in March for the second consecutive month to 60.4, up from the February index of 56.7, according to the latest Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI).

Looking towards the next quarter, 20% of respondents believe business conditions will improve - up from 10% in February. 70% of respondents believe business conditions will remain the same over the next four months, a decrease from 83.3% the previous month.

Almost a quarter of executives surveyed (23.3%) believe demand for leases and loans to fund capital expenditures will increase over the next four months, an increase from 13.3% in February.

Some 13.3% of the respondents expect more access to capital to fund equipment acquisitions over the next four months, down from 20.7% in February, while 46.7% of the executives expect to hire more employees over the next four months, an increase from 26.7% in February.

Turning to the US economy, 36.7% of the leadership see conditions as "excellent", 63.3% see things as "fair", and none evaluate it as "poor" - all unchanged for the second consecutive month.
US equipment finance industry confidence at three-year high
US equipment finance industry confidence at three-year high 28 Nov 2024 - Washington, DC, United States - 1 min read
Equipment finance sentiment rises
Equipment finance sentiment rises 24 Sep 2020 - Washington, DC, United States - 1 min read
Equipment finance confidence rises
Equipment finance confidence rises 29 Aug 2019 - Washington, DC, United States - 2 min read
Previously about:
Equipment finance confidence improves  News Story - 22 Dec 2022 - Washington, DC, United States - 2 min read
Financiers pessimistic about US future News Story - 24 Nov 2022 - Washington, DC, United States - 1 min read
Equipment industry confidence falls News Story - 20 Dec 2018 - Washington, DC, United States - 1 min read
Do you have materials handling news? Submit your news here

Showcased in the Virtual Expo

Industrial processes in paper and waste processing involves strapped bale handling and de-wiring. Durwen provides the smart solution for the industry, with its fully Durwen designed and made de-wiring bale clamp. Expensive factory part equipment was needed yesterday - use the smart solution from Durwen in future!

Check out our new website and get in touch with us today! 

You might want to check out our service portal as well – it backs you up 24/7!

Words of support …

Thanks to advertising with Forkliftaction, we have received inquiries and more and more people are aware of Ningbo Ruyi Joint Stock Co.,Ltd, which fits with our company's goal to go global and let the world know more about the benefits of our Xilin brand.

Michille Shi, Vice General Manager Sales

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Industrial processes in paper and waste processing involves strapped bale handling and de-wiring. Durwen provides the smart solution for the industry, with its fully Durwen designed and made de-wiring bale clamp. Expensive factory part equipment was needed yesterday - use the smart solution from Durwen in future!

Check out our new website and get in touch with us today! 

You might want to check out our service portal as well – it backs you up 24/7!

Inside The News
Next Thursday is R U OK? Day in Australia , an important opportunity to bring conversations about mental health out into the open and a reminder to check in on those around us, including our colleagues... Continue reading

Showcased in the Virtual Expo

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Industrial processes in paper and waste processing involves strapped bale handling and de-wiring. Durwen provides the smart solution for the industry, with its fully Durwen designed and made de-wiring bale clamp. Expensive factory part equipment was needed yesterday - use the smart solution from Durwen in future!

Check out our new website and get in touch with us today! 

You might want to check out our service portal as well – it backs you up 24/7!

PREMIUM business

Tailift Material Handling Taiwan Co.,Ltd.
Focused simply for the new era.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET