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Tradewinds


Equipment Leasing and Finance Association’s Survey of Economic Activity

Equipment Leasing and Finance Association’s Survey of Economic Activity

Posted: November 26, 2021 | Tradewinds

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for October was $10.7 billion, up 16 percent year-over-year from new business volume in October 2020. Volume was up 16 percent month-to-month from $9.2 billion in September. Year-to-date, cumulative new business volume was up 10 percent compared to 2020.

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Only 16 States And D.C. Added Construction Jobs Since Pandemic Began As Build Back Better Bill Threatens To Undermine Sector’s Recovery

Only 16 States And D.C. Added Construction Jobs Since Pandemic Began As Build Back Better Bill Threatens To Undermine Sector’s Recovery

Posted: November 19, 2021 | Tradewinds

Texas, Wyoming Have Worst Job Losses Since February 2020, While Utah South Dakota Add the Most; South Carolina and New Hampshire Have Worst One-Month Losses, While Louisiana is the Top Gain

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Multifamily Construction Sentiment Improves in Third Quarter, Despite Headwinds

Multifamily Construction Sentiment Improves in Third Quarter, Despite Headwinds

Posted: November 19, 2021 | Tradewinds

Confidence in the market for new multifamily housing improved in the third quarter, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) increased five points to 53 compared to the previous quarter. The Multifamily Occupancy Index (MOI) also increased by five points, up to 75-the highest reading since the inception of the index in 2003.

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Equipment Finance Industry Confidence Higher in November

Equipment Finance Industry Confidence Higher in November

Posted: November 19, 2021 | Tradewinds

The Equipment Leasing & Finance Foundation (the Foundation) has released the November 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $900 billion equipment finance sector. Overall, confidence in the equipment finance market is 64.6, an increase from the October index of 61.1.   

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Total Construction Starts Soar in October

Total Construction Starts Soar in October

Posted: November 19, 2021 | Tradewinds

Total construction starts pushed 16% higher in October to a seasonally adjusted annual rate of $1.01 trillion, according to Dodge Construction Network. Nonresidential building starts gained 29% and nonbuilding moved 52% higher in October, while residential starts lost 8%. The month’s large gains resulted from the start of three large projects: two massive manufacturing plants and an LNG export facility. Without these projects, total construction starts would have fallen 6% in October.

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