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The Equipment Leasing & Finance Foundation’s April 2022 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) dropped to 56.1 from the March index of 58.2.
When asked about the outlook for the future, MCI-EFI survey respondent Jim DeFrank, EVP/COO, Isuzu Finance of America, Inc., said:
January confidence in the equipment finance market is unchanged from December, according to the Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The January index was 63.9, unchanged from December.
The index, provided by the Equipment Leasing & Finance Foundation (ELFF), reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $900 billion equipment finance sector.