The Latest ELFA and Foundation Data

U.S. Equipment & Software Investment Growth 

The Foundation’s 2023 Equipment Leasing & Finance U.S. Economic Outlook – Q4 Update forecasts 3.0% expansion in equipment and software investment and 2.3% GDP growth. Access the full report at http://bit.ly/ELFFEconomicOutlook  

Appetite for Growth

Over half of restaurant operators are planning to increase their equipment and supply budgets, and 67% of restaurants plan to make kitchen equipment replacements. That’s according to the Foundation’s report, Vertical Market Outlook Series: Restaurants, which highlights key trends and developments impacting the restaurant sector over the next 1-2 years. 

Supply Chain Outlook

Supply chains have improved as the global economy moves away from the historic dislocations seen during the pandemic and following Russia’s invasion of Ukraine. One survey found that 81.1% of companies surveyed expect supply chain disruptions to abate by the end of 2024. However, significant future challenges remain. Learn more in the Foundation’s report “Future Supply Chain Impacts on the U.S. Equipment Leasing & Finance Industry.”