Equipment Lease Finance Industry Confidence Improves in May
The Equipment Leasing & Finance Foundation recently released the May 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $725-billion equipment finance sector.
Overall, confidence in the equipment-finance market is 56.7, an increase from the April index of 54.0, reflecting industry participants’ increasing optimism despite continuing concerns over the economy and the impact of federal policies on capital expenditures.