MIAMI — Professor Moraima Ivory’s new class starts the same way every day: playing a Rick Ross track. It might be “Hustlin’.” It might be “Stay Schemin’.” Maybe even “Tears
SHARE April 16, 2021
The Equipment Leasing & Financing Association forecasts equipment and software investment growth to rise in 2021.
The Equipment Leasing & Finance Association says equipment and software investment growth is expected to be robust this year with annual equipment and software investment growth forecast at 11.2 percent for 2021.
Also, annual U.S. GDP growth for 2021 is forecast at 5.7 percent according to the Q2 update to the group s 2021 Equipment Leasing & Finance U.S. Economic Outlook.
“Finally, we are beginning to see the light at the end of the tunnel, said Scott Thacker, foundation chair and CEO of Ivory Consulting Corporation. The widespread availability of vaccinations offers hope that economic activity will soon return to pre-pandemic levels, or beyond. The robust stimulus efforts, along with trillions of dollars in pent-up demand, point to a wave of spending this summer and fall. All indicators point to 2021 being a
SHARE December 16, 2020
Annual growth in equipment and software investment will outpace overall GDP growth in 2021, according to a report from Equipment Leasing & Finance Foundation. Its 2021 Equipment Leasing & Finance U.S. Economic Outlook calls for investment to grow by 7.8 percent, compared to GDP growth expectations of 4.7 percent.
“This update, while reflecting widely disparate performance in various segments of the economy, indicates the worst of the economic downturn appears to be in the rearview mirror although that does not mean the road ahead is clear,” said Scott Thacker, Foundation chair and CEO of Ivory Consulting, in a prepared statement. “Equipment and software investment surged to an annualized rate of 47 percent in Q3 after an unprecedented 28 percent decline in Q2. In Q3, investment levels in 11 of the 12 equipment verticals that the Foundation monitors improved and nine experienced double or triple-digit growth. Prospects