Equipment Leasing and Finance Association s Survey of Economic Activity: Monthly Leasing and Finance Index streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for March was $10.6 billion, up 14 percent year-over-year from new business volume in March 2021.
Overall new-business volume in the equipment leasing industry fell 14 percent in February compared to January, to $7.1 billion from $8.3 billion. Compared to February 2021, volume was down 4 percent, according to the Monthly Leasing and Finance Index (MLFI-25) published by The Equipment Leasing and Finance Association (ELFA).
The report measures economic activity from 25 companies representing a cross section of the equipment finance sector.
The Equipment Leasing and Finance Association (ELFA) suggests that construction and trucks will be one of the hottest markets for leasing this year.
The 32nd annual “What’s Hot/What’s Not: Equipment Market Forecast 2022” reveals industry perceptions of 15 equipment markets based on a survey of 85 ELFA members. The survey results point to construction and trucks/trailers as the top two sectors for the year ahead.