New Leasing Index Down in November
SHARE December 21, 2020 Overall new leasing business was down 21 percent in November to $7.3 billion, after posting $9.3 billion in October. Business was down 7 percent compared to November 2019, and cumulative volume is off 6 percent to 2109. The numbers are part of the Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25). The index reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector. “With a tumultuous election season behind us, the equipment finan...
Source: constructionequipment.com