- December 21, 2021
- Posted by: Stratford Team
- Category: Economy
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The Equipment Leasing & Finance Foundation released its Q1/22 Equipment Leasing & Finance Industry Snapshot. Designed for use in executive briefings and presentations, the presentation slide deck summarizes current conditions and projections for the U.S. economy and equipment finance industry with charts and short narratives of key trends.
Highlights from the Q1/22 Snapshot
- Overall, the ELFF projects the U.S. economy will grow by 3.5% in 2022. U.S. GDP growth slowed markedly in Q3/21, expanding 2.1% (annualized) as the delta variant and snarled supply chains slowed growth. Growth in Q3 was driven by increases in consumer spending and a buildup in private inventories.
- Economic tailwinds for growth in 2022 include:
- An improved public health situation given the widespread availability of vaccines and relatively high vaccination rates.
- The Infrastructure Investment and Jobs Act, the largest public…
