Low financial stress, an expanding housing sector, and increased federal spending on infrastructure are expected to propel equipment and software investment growth of 4.6 percent for 2022, according to a report from the Equipment Leasing & Finance Foundation.
Annual U.S. GDP growth for 2022 is forecast at 3.5 percent, according to the 2022 Equipment Leasing & Finance U.S. Economic Outlook.
The chair of the Foundation, Nancy Pistorio, president of Madison Capital, said in a prepared statement:
2021 Economic Outlook Now Projects 6 1% GDP Growth, 13 3% Rise in Capital Investments forconstructionpros.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forconstructionpros.com Daily Mail and Mail on Sunday newspapers.