General equipment and software investment growth is expected to improve overall this year after a lackluster 2016 according to the Equipment Leasing and Finance Foundation's Q2 2017 Economic Outlook. "Equipment and software investment should improve in 2017, as renewed business confidence and firming energy prices lift the potential for business investment and capex spending while reducing uncertainty." The report projects 2.8% growth in equipment and software investment with positive to accelerating growth happening in 8 of the 12 Equipment & Software Investment Momentum Indices they track, including construction, mining & oilfield, railroads and other industrials. It also suggests that credit standard remain modestly tight.
The information provided above is general in nature and is not intended to represent specific investment or professional advice.
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