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In the Marketplace

By ALM Staff | Law Journal Newsletters |
February 28, 2015

ELFA has released the Top 10 Equipment Acquisition Trends of 2015. Compiled through industry research, industry participants' expertise and ELFA member input, the trends are issued to help businesses as they execute their equipment acquisition strategies during the coming year. They are:

1. Investment in equipment and software will reach an all-time high in 2015. As the U.S. economy continues to improve, business investment is forecast to reach a record $1.484 trillion in 2015. As business investment grows, demand for equipment financing will increase.

2. Businesses will invest in equipment not just to replace aging assets, but also to aid in expansion. The pent-up replacement demand that has driven equipment investment in previous years may be supplemented by long-awaited expansion investment as capacity utilization rates in some industries reach or surpass levels historically known to spur business investment. Industries poised for investment growth include oil and gas extraction and transportation equipment manufacturing.

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