Equipment Lease Finance Industry Confidence Improves in November
The Equipment Leasing & Finance Foundation says in its November 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) that overall confidence in the equipment finance market is at 56.9, an increase from the October index of 54.0.
The report says the November index demonstrates an overall steady industry outlook despite continuing concerns about the U.S. economy and the negative impact of federal government fiscal policies. Designed to collect leadership data, the index offers a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $827-billion equipment finance sector.