The Latest ELFA and Foundation Data

Work from Home is Here to Stay 

77% of equipment finance execs surveyed indicated their post-pandemic work location model will be a hybrid approach with some increased work from home options for employees.
Source: Business Technology Performance Index
 





Read more at www.elfaonline.org/data/mlfi 

That’s the forecast for annual equipment and software investment growth in 2021. Equipment and software investment growth fared better than overall GDP growth in 2020 as businesses invested to adapt to the COVID-19 pandemic. 
Source: 2021 Equipment Leasing & Finance U.S. Economic Outlook 

Accelerating Equipment

While investment momentum readings are below the long-term average in 6 of 12 verticals tracked by the Foundation’s Momentum Monitors, all 12 are showing signs of strong acceleration, suggesting that investment activity should be elevated in early 2021.
Source:  Foundation-Keybridge Equipment & Software Investment Momentum Monitor