Washington, D.C. (ELFA) — The Equipment Leasing and Finance Association (ELFA) which represents the $628 billion equipment finance sector, today revealed its Top 10 Equipment Acquisition Trends for 2012. Given that every year U.S. businesses, nonprofits and government agencies spend in excess of $1.2 trillion in capital goods or fixed business investment (including software), financing more than half of those assets, these trends impact a significant portion of the U.S. economy. Growth, uncertainty and numerous end-user benefits underlie many of the trends that businesses acquiring equipment this year can expect.
ELFA President and CEO William G. Sutton said, “Equipment acquisition has played a critical role in driving the supply chains across all U.S. manufacturing and service sectors. We have distilled recent research data, including the Equipment Leasing & Finance Foundation’s 2012 Equipment Leasing & Finance U.S. Economic Outlook Report, comments and articles from industry experts, and member discussions at our meetings and conferences into our best insight for the top 10 Equipment Acquisition Trends for 2012.”
ELFA issued the following Top 10 Equipment Acquisition Trends for 2012 to help businesses with their strategic equipment acquisition plans: