{"id":480370,"date":"2022-04-08T04:44:59","date_gmt":"2022-04-08T04:44:59","guid":{"rendered":"http:\/\/yorunoteiou.com\/?p=480370"},"modified":"2022-04-08T04:44:59","modified_gmt":"2022-04-08T04:44:59","slug":"u-s-business-borrowing-for-equipment-fell-3-in-december-elfa","status":"publish","type":"post","link":"http:\/\/yorunoteiou.com\/?p=480370","title":{"rendered":"U.S. business borrowing for equipment fell 3% in December &#8211; ELFA"},"content":{"rendered":"<p>Jan 25 (Reuters) &#8211; U.S. companies borrowed 3% less in December to <a href=\"https:\/\/www.ourmidland.com\/search\/?action=search&amp;firstRequest=1&amp;searchindex=solr&amp;query=finance\">finance<\/a> their investments in equipment, the Equipment Leasing and Finance Association (ELFA) said on Tuesday, as inflation and Omicron cloud economic outlook.<\/p>\n<p>Firms signed up for  <a href=\"https:\/\/teknokrat.ac.id\/education\/manfaat-pentingnya-tidur-untuk-menjaga-kesehatan\/\">kampus terbaik di lampung<\/a> $11.8 billion in new loans, leases and lines of credit last month, compared with $12.1 billion a year earlier.Borrowings, however, rose 49% from November.<\/p>\n<p>&#8220;The outlook for the industry, and indeed overall economy, is somewhat cloudy, with unabated inflation, the Fed poised to increase interest rates, equities markets in a recent tailspin,&#8221; ELFA Chief Executive Officer Ralph Petta said in a statement, adding that the Omicron coronavirus variant remains a concern in the United States.<\/p>\n<p>ELFA, which reports economic activity for the nearly $1-trillion equipment finance sector, said credit approvals totaled 78.6%, down from 77.2% in November.<\/p>\n<p>The Washington-based body&#8217;s leasing and finance index measures the volume of commercial equipment financed in the United States.<\/p>\n<p>The index is based on a survey of 25 members, including Bank of America Corp, CIT Group Inc and financing affiliates or units of Caterpillar Inc, Dell Technologies Inc, Siemens AG, Canon Inc and Volvo AB.<\/p>\n<p>The Equipment Leasing &amp; Finance Foundation, ELFA&#8217;s non-profit affiliate, said its confidence index for January was at 63.9%, unchanged from December.A reading above 50 indicates a positive business outlook. (Reporting by Nathan Gomes in Bengaluru; Editing by Vinay Dwivedi)<\/p>\n<\/div>\n<p><!-- ad: website --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jan 25 (Reuters) &#8211; U.S. companies borrowed 3% less in December to finance their \u2026","protected":false},"author":163272,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_s2mail":""},"categories":[1],"tags":[16170],"_links":{"self":[{"href":"http:\/\/yorunoteiou.com\/index.php?rest_route=\/wp\/v2\/posts\/480370"}],"collection":[{"href":"http:\/\/yorunoteiou.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/yorunoteiou.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/yorunoteiou.com\/index.php?rest_route=\/wp\/v2\/users\/163272"}],"replies":[{"embeddable":true,"href":"http:\/\/yorunoteiou.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=480370"}],"version-history":[{"count":1,"href":"http:\/\/yorunoteiou.com\/index.php?rest_route=\/wp\/v2\/posts\/480370\/revisions"}],"predecessor-version":[{"id":480371,"href":"http:\/\/yorunoteiou.com\/index.php?rest_route=\/wp\/v2\/posts\/480370\/revisions\/480371"}],"wp:attachment":[{"href":"http:\/\/yorunoteiou.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=480370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/yorunoteiou.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=480370"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/yorunoteiou.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=480370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}