Confidence in equipment leasing sector remains high after three years, foundation says

The Equipment Leasing and Finance Foundation yesterday released the results of its monthly confidence index, which showed overall confidence levels in the equipment finance market have remained at a three-year high.

The confidence index currently clocks in at 66.3, which marks a slight increase from last month’s index of 66.1. January’s index also signified a three-year high, according to the foundation.

The survey reports that approximately 30 percent of executives believe business conditions will improve over the next four months. That figure represents a 7 percent increase from last month’s metric. Additionally, the number of executives who believe such conditions will remain the same fell to 64 percent, representing a decrease of roughly 13 percent.