Confidence in Eqpt. Market 72.9%: ELFF
SHARE July 22, 2021
The Equipment Leasing & Finance Foundation released the July 2021 Monthly Confidence Index for the Equipment Finance Industry today. The index 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. Overall, confidence in the equipment finance market is 72.9, an increase from the June index of 71.3.
When asked to assess their business conditions 58.6 percent of executives responding said they believe business conditions will improve over the next four months, up from 42.3 percent in June. 41.4 percent believe business conditions will remain the same over the next four months, down from 57.7 percent the previous month. None believe business conditions will worsen, unchanged from June.
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