Equipment Finance Industry Confidence has Rebounded in Recent Months

The Equipment Leasing and Finance Foundation’s Monthly Confidence Index for the Equipment Finance Industry reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives in the equipment finance sector. Industry confidence declined sharply in Q2, registering an index value of 40.6 in May 2023, the lowest index value reported since May of 2020. Recently, industry confidence has rebounded, with the August 2023 confidence index for the equipment finance industry standing at 50.4.