CHEBOYGAN — Phill Jankoviak came out of the Walmart located about a mile south of downtown Cheboygan, and noticed people around the parking lot looking north.
The Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) fell to 63.9 in December, according to the Equipment Leasing & Finance Foundation. The November index was 64.6.
About one-third (34.6 percent) of executives responding said they believe business conditions will improve over the next four months, unchanged from November. Six in 10 (61.5 percent) said business conditions will remain the same, up from 46.2 percent the previous month.