• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Top Companies
    • Printing Inks
    • Raw Materials
    • Equipment
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Top Companies
  • Printing Inks
  • Raw Materials
  • Equipment
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    2024 Buyers’ Guide

    The Raw Material Market Sees Some Stabilization in 2023

    The Digital Textile Market Continues to Expand

    The 2023 Asia-Pacific Ink Market

    Significance of Sustainability in the Printing Inks and Adhesives Industries
    Breaking News
    Distributor News
    Financial News
    Industry News
    Ink Manufacturers News
    Market Research
    Mergers and Acquisitions
    New Products
    Personnel
    Price Increases
    Printers News
    Suppliers News
    Live From Shows
    Video Bites
    Top News
    Acme-Hardesty Earns EcoVadis Silver Medal

    Flint Group, All4Labels Partner with EkoCure Dual Cure Inks

    Program Set for 2024 RadTech UV+EB Technology Expo & Conference

    INFOFLEX 2024 is Already 75% Sold Out

    EU Parliament Makes Important Step Towards a Circular Economy
    Whitepapers
    Glossary
    Top North American Companies
    Top International Companies
    Conductive Inks and Printed Electronics
    Graphic Arts Coatings
    Inkjet Inks and Toners
    Marking and Pad Printing Inks
    News Inks
    Packaging Flexo Inks
    Packaging Gravure Inks
    Publication Gravure Inks
    Publication Offset Inks
    Screen Inks
    Sheetfed Inks
    Specialty Inks
    UV and EB Inks

    Flint Group, All4Labels Partner with EkoCure Dual Cure Inks

    Program Set for 2024 RadTech UV+EB Technology Expo & Conference

    INFOFLEX 2024 is Already 75% Sold Out

    Ricoh Cuts Inspection Time by 94% with Zebra’s RFID Solution

    KRONOS, Covestro Show Pigmented Ink Solutions for Textiles
    Additives
    Energy-Curable Materials
    Flushed Colors and Pigments
    Metallics and Special Effects Pigments
    Resins
    Vehicles and Varnishes
    Waxes

    Program Set for 2024 RadTech UV+EB Technology Expo & Conference

    BASF Increases Defoamer Capacity at Plant in Turkey

    Orion S.A. Celebrates Opening of Second Plant in China

    Evonik and Circular Economy: At Least €1B in Additional Sales by 2030

    Arkema Reports Third Quarter 2023 Results
    Energy-Curing Equipment
    Mills and Mixers
    Testing, Color and QC

    Program Set for 2024 RadTech UV+EB Technology Expo & Conference

    BYK-Gardner Introduces byko-test 9500

    ROSS Ribbon Blenders Improve Powder Blending Efficiency

    Excelitas Technologies Appoints New CEO and CFO

    Excelitas Technologies to Acquire Heraeus Noblelight
    Buyers Guide
    Distributor Guide
    European Ink Directory
    U.S. Ink Directory
    International Buyers Guide Companies
    Hockmeyer Equipment Corp.

    ALVAR Inc. /ALVAR Resins, Inc

    Buhler Inc.

    Brilliant Group, Inc.

    Orion Engineered Carbons
    Industry Events
    Live from Show Event
    Webinars
    Top Events
    Middle East Coatings Show 2024

    Labelexpo Americas 2024
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directory
      • Buyers Guide
      • Distributor Guide
      • European Ink Directory
      • U.S. Ink Directory
      • Trade Associations
    • Printing Inks
      • Conductive Inks and Printed Electronics
      • Graphic Arts Coatings
      • Inkjet Inks and Toners
      • Marking and Pad Printing Inks
      • News Inks
      • Packaging Flexo Inks
      • Packaging Gravure Inks
      • Publication Gravure Inks
      • Publication Offset Inks
      • Screen Inks
      • Sheetfed Inks
      • Specialty Inks
      • UV and EB Inks
    • Raw Materials
      • Additives
      • Energy-Curable Materials
      • Flushed Colors and Pigments
      • Metallics and Special Effects Pigments
      • Resins
      • Vehicles and Varnishes
      • Waxes
    • Equipment
      • Energy-Curing Equipment
      • Mills and Mixers
      • Testing, Color and QC
    • Top Companies
      • Top North American Companies
      • Top International Companies
    • Glossary
    • Online Exclusives
    • Slideshows
    • Expert's Opinion
    • Videos
    • Podcasts
    • eBook
    • Blog
    • Infographics
    • Whitepapers
    • Jobs
    • Supplier Microsites
      • Companies
      • Literature / Brochures
      • Whitepapers
      • Product Spec Sheets
      • Videos
      • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Equipment Leasing and Finance Association Announces Top 10 Equipment Acquisition Trends for 2019

    Nonprofits and government agencies will spend over $1.8 trillion in capital goods or fixed business investment (including software) this year, per ELFA.

    Equipment Leasing and Finance Association Announces Top 10 Equipment Acquisition Trends for 2019
    01.29.19
    The Equipment Leasing and Finance Association(ELFA), which represents the $1 trillion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2019. 
     
    Given U.S. businesses, nonprofits and government agencies will spend over $1.8 trillion in capital goods or fixed business investment (including software) this year, financing a majority of those assets, these trends impact a significant portion of the U.S. economy.

    “Equipment acquisition plays a critical role in driving the supply chains across all U.S. manufacturing and service sectors," ELFA President and CEO Ralph Petta said. "Equipment leasing and financing provide the source of funding for approximately 60% of U.S. businesses to acquire the productive assets they need to operate and grow."

    ELFA distilled recent research data, including the Equipment Leasing & Finance Foundation’s 2019 Equipment Leasing & Finance U.S. Economic Outlook, industry participants’ expertise and member input from ELFA meetings and conferences in compiling the trends.

    ELFA forecasts the following Top 10 Equipment Acquisition Trends for 2019:

    1. Capital spending will remain in solidly positive territory.

      The first half of 2018 saw strong growth in equipment and software investment, driven by a healthy U.S. economy and more preferable tax treatment. Growth slowed in the second half of the year, providing a less robust jumping off point for 2019. After 7.9% growth in equipment and software investment last year, look for still healthy, though more moderate, 4.1% growth in 2019.
    2. The share of equipment acquisitions that are financed will likely remain stable.

      Equipment leasing and finance will remain the most common payment method used by businesses to acquire equipment and software. The propensity of businesses to finance will continue despite rising interest rates, lower tax rates and a strong economy that’s resulted in many companies with cash on hand.
    3. A majority of key equipment verticals will have solid investment growth.

      Through the first half of 2019, many equipment verticals will build on or hold steady with the previous year’s positive investment gains, including aircraft, construction, computers, software, materials handling, and ships and boats. Equipment types likely to peak include agriculture, trucking and medical equipment. Investment growth in some verticals may weaken this year as the business cycle matures further.
    4. U.S. businesses will feel the impact of global economic headwinds.

      U.S. firms will find conditions in international markets increasingly factoring into their own business decision-making in 2019. Slowdowns in China, in particular, Europe and other major emerging markets; the conflict in U.S.-China trade policy; and global credit tightening will be among the global effects that will drag on the U.S. economy and capital spending decisions.
    5. Leased and financed acquisitions will get a boost from regulatory and legislative changes.

      The combined impacts of changes in lease accounting standard ASC 842 and the new federal tax law have provisions that maintain, and in some cases improve on, previous benefits of financing, such as 100 percent bonus depreciation and expensing of used and new equipment. New advantages include more precise balance sheet calculations for rating agencies, lower capitalized asset costs vs. loan or cash purchase and higher deductibility of interest expense.
    6. Technological advancements and avoiding obsolescence will be top priorities of capital spending.

      Equipment finance businesses across all industries will seek out new technologies for everything from enhancing the end-user experience to increase efficiencies to managing obsolescence. The ability of these organizations to successfully implement technologies like blockchain, artificial intelligence and robotics will continue to differentiate market leaders from also-rans.
    7. Innovations in equipment management will accelerate to meet the growing complexity of setting residual values.

      Faced with the globalization of markets and rapid technological developments that shorten industry cycles and rapidly shift asset values, equipment managers will deploy robust technology platforms and data analytics in combination with their industry expertise to provide residual values. End-users acquiring new and used equipment will benefit from stiff competition and enhanced customer service capabilities.
    8. Uncertainty around interest rate hikes will have eyes on Fed activity.

      Downgraded expectations from as many as five interest rate increases to two in 2019 will impact both equipment suppliers and end-users that seek funding. A softening global economy could further delay planned hikes. Regardless, businesses will stay tuned so they can plan accordingly.
    9. Federal government activity will pose opportunities and challenges to capital spending.

      As businesses continue to realize the benefits of federal deregulation, the results of how a divided Congress acts could dampen momentum. Political brinksmanship and dysfunction could make collaboration on legislation more challenging. Bipartisan cooperation could support a long-awaited infrastructure spending bill, but proposed legislation this year is still an unknown.
    10. External “wild cards” will factor into capital spending decisions.

      While the outlook for capital spending remains generally positive, there are additional areas businesses will keep an eye on for the potential to impact their equipment acquisition strategies. Modest to moderate growth forecast for business investment could decelerate if trade tensions and tightening credit conditions continue to erode business confidence. The oil sector has exposure to uncertainty resulting from numerous factors, including falling oil prices, surging U.S. production and a cooling global economy. The weak housing sector shows no clear indications of a rebound as headwinds inhibiting growth remain. Finally, global developments including Brexit terms or the deteriorating economies of some of our trading partners could impact growth in equipment investment in the U.S.
    Related Searches
    • 100
    • acquisitions
    Suggested For You
    European Coatings Show Expands to Eight Halls for 2019 European Coatings Show Expands to Eight Halls for 2019
    Sensient Inks Announces New Turkish Distribution Partner Sensient Inks Announces New Turkish Distribution Partner
    Bobst Group: Look Back at 2018 Bobst Group: Look Back at 2018
    IHS Markit Predicts Slowdown in Global Economy in 2019 IHS Markit Predicts Slowdown in Global Economy in 2019
    Flexible and Printed Sensors are Finding New Applications Flexible and Printed Sensors are Finding New Applications
    Flexible Plastic Packaging Market to Reach $202 Billion by 2022: RRI Flexible Plastic Packaging Market to Reach $202 Billion by 2022: RRI
    Corrugated Inkjet Market is Thriving Corrugated Inkjet Market is Thriving
    Coatings Industry Calls on MPs to Vote for Crucial Brexit Agreement Coatings Industry Calls on MPs to Vote for Crucial Brexit Agreement
    British Coatings Federation Announces Winners of Coatings Industry Awards British Coatings Federation Announces Winners of Coatings Industry Awards
    Printed Wallcoverings Are Growth Market in Europe Printed Wallcoverings Are Growth Market in Europe
    The Central Asia Ink Market is on the Rise The Central Asia Ink Market is on the Rise
    Berlin Packaging Continues Worldwide Expansion by Adding a New Continent Berlin Packaging Continues Worldwide Expansion by Adding a New Continent
    BCF Publishes BCF Publishes 'No Deal Guide' for Members as Brexit Talks Stall
    Ingevity Reports 3Q 2018 Financial Results Ingevity Reports 3Q 2018 Financial Results
    NPIRI Conference Examines Regulatory, Technical Topics NPIRI Conference Examines Regulatory, Technical Topics

    Related Breaking News

    • Additives | Breaking News | Energy-Curable Materials | Flushed Colors and Pigments | Industry News | Ink Manufacturers News | Metallics and Special Effects Pigments | Resins | Suppliers News | Waxes
      European Coatings Show Expands to Eight Halls for 2019

      European Coatings Show Expands to Eight Halls for 2019

      International market leaders and specialized providers present innovations for the coatings industry from March 19-21, 2019.
      01.15.19

    • Breaking News | Distributor News | Ink Manufacturers News | Inkjet Inks and Toners
      Sensient Inks Announces New Turkish Distribution Partner

      Sensient Inks Announces New Turkish Distribution Partner

      Sensient has appointed a Turkish sales manager as well.
      01.09.19

    • Breaking News | Printers News
      Bobst Group: Look Back at 2018

      Bobst Group: Look Back at 2018

      Client feedback: "The role of packaging is changing."
      12.20.18


    • Breaking News | Industry News | Market Research
      IHS Markit Predicts Slowdown in Global Economy in 2019

      IHS Markit Predicts Slowdown in Global Economy in 2019

      Trade tensions, political risks, unwinding fiscal stimulus are the biggest risks to the global economy.
      12.18.18

    • Conductive Inks and Printed Electronics | Ink Manufacturers News | Printers News | Suppliers News
      Flexible and Printed Sensors are Finding New Applications

      Flexible and Printed Sensors are Finding New Applications

      Medical wearables, Industrial Internet of Things are among the opportunities ahead for flexible sensors.
      David Savastano, Editor 12.13.18

    Loading, Please Wait..
    Breaking News
    • Acme-Hardesty Earns EcoVadis Silver Medal
    • Flint Group, All4Labels Partner with EkoCure Dual Cure Inks
    • Program Set for 2024 RadTech UV+EB Technology Expo & Conference
    • INFOFLEX 2024 is Already 75% Sold Out
    • Avery Dennison Completes Acquisition of Silver Crystal Group
    View Breaking News >
    CURRENT ISSUE

    October 2023

    • 2024 Buyers’ Guide
    • The Digital Textile Market Continues to Expand
    • The 2023 Asia-Pacific Ink Market
    • The Raw Material Market Sees Some Stabilization in 2023
    • Significance of Sustainability in Printing Inks
    • Current Trends for Packaging and Packaging Printing in Europe
    • Innovation is at the Heart of Nur Ink’s Digital Inks
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Bioriginal Acquires Softgel Co. to Expand Nutrition Product Line
    Beauty Brand Genaura to Launch Product Line Featuring Gencor’s Levagen+
    Standardized Black Seed Oil May Reduce Microbe Which Causes Acne: In Vitro Study
    Coatings World

    Latest Breaking News From Coatings World

    Advancion Launches Multi-Functional Etheramie for Waterborne Industrial Coatings
    Acme-Hardesty Achieves EcoVadis Silver Medal
    Early Bird Registration for Waterborne Symposium Ends December 2
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Paragonix Reveals Nationwide Organ Procurement Network
    Covalon Technologies Appoints Interim CEO
    GE HealthCare's Pneumothorax Algorithm Earns FDA Nod
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Schreiner MediPharm Introduces New Smart Blister Wallet
    Charles River, GC4K Enter Gene Therapy Mfg. Pact
    RSSL Opens State-of-the-Art Analytical Testing Facility
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    WGSN Unveils Top Beauty Trends for 2024 and Beyond
    Huda Kattan Calls Out the Beauty Industry as Sexist
    L’Occitane H1 Sales Up 19%, Driven by Sol de Janeiro and Elemis
    Happi

    Latest Breaking News From Happi

    BASF Launches New Biodegradable, Anti-Redeposition Polymer
    Net Sales Grow 19% For L’Occitane International SA Per FY2024 Interim Results
    Henkel Recognizes Female Researchers with Martha Schwarzkopf Award for Women in Science
    Ink World

    Latest Breaking News From Ink World

    Acme-Hardesty Earns EcoVadis Silver Medal
    Flint Group, All4Labels Partner with EkoCure Dual Cure Inks
    Program Set for 2024 RadTech UV+EB Technology Expo & Conference
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Flexcon Global adds James Slaughter to team
    Independent II boosts packaging capabilities with Domino
    Avery Dennison announces atma.io updates
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Natureworks Names New CEO
    Gessner Offers Craneglas for the Battery Market
    UAE Baby Care Brand PureBorn Inks Distribution Deal with Laboratoire Naturel
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Spinal Elements Rolls Out Ventana 3D-Printed Interbodies
    Massimo Calafiore Named Orthofix President and CEO
    Exactech Study Shows Fairness, Accuracy of Predict+ for Shoulder Surgery
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    BOE Technology Group, Universal Display Sign Long-Term OLED Agreements
    Linxens, PalmSens Partner on Reproducible Gold Electrode
    Program Set for 2024 RadTech UV+EB Technology Expo & Conference

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login