Confidence in the equipment finance market was 54.2 in January, according to the Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) released by the Equipment Leasing & Finance Foundation. This is an increase from the December index of 48.5, reflecting industry participants’ improved outlook amid ongoing concerns with economic conditions and management of fiscal issues.
The index is designed to offer 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.
Survey results are posted on the foundation website at leasefoundation.org/IndRsrcs/MCI.
Editor PickGardner Business Index: February 2017 — 55.7
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