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2015 Economic Outlook Forecasts 6% Growth in Equipment Investment

businessthOneWorld Business Finance is excited to announce some great news released by the Equipment Leasing & Finance Foundation. For those who are looking to make 2015 a breakout year, the Annual 2015 Equipment Leasing & Finance U.S. Economic Outlook tells us that investment in equipment and software in the U.S. is expected to grow by 6% this year, due to a steadily improving economy.

This is very important for those looking to lease equipment for their business, lease equipment as a vendor partner, or for community bankers looking to leverage financing opportunities for their customers. At OneWorld Business Finance, our team of industry specialists will custom tailor a finance solution to keep your business on the path to success.

If you are ready to evaluate your equipment financing or leasing options, we’d love to help. Please contact your OneWorld representative with questions or ideas at (512) 458-1300, or feel free to send us an email.

Highlights of the study are included below:

  • The U.S. economy is poised to have a breakout year in 2015, with growth expected to top 3%.  Key “bright spots” that bode well for above-average growth include a rapidly improving labor market, increased access to credit, lower oil prices and fiscal healing.
  • The steadily improving economy will likely drive solid equipment and software investment growth in 2015.  Continued improvement in the economy should gradually loosen credit constraints and increase credit demand as businesses and households gain more confidence in the economy.
  • Equipment and software investment increased 9.3% in Q3 of 2014 after expanding 9.6% in Q2.  Although these growth rates are unlikely to be sustained in the coming months, growth is expected to remain relatively strong at 6.0% in 2015.

 

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