Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index
MLFI-25 Data Show Year-Over-Year Originations Increased in April
WASHINGTON — The Equipment Leasing and Finance Association’s /1 (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $600 billion equipment finance sector, showed overall new business volume for April increased 16 percent when compared to the same period 2007.
The MLFI-25 reflects levels of equipment financed and complements other relevant economic indices, including the monthly durable goods report produced by the U.S. Department of Commerce, which reflects new orders for manufactured durable goods and the Institute for Supply Management Index, which reports economic activity in the manufacturing sector. Along with the MLFI-25 these reports provide a complete picture that describes the use of productive assets in the U.S. economy: equipment produced, acquired and financed.
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