Agricultural Machinery

4Q Economic Outlook Forecasts 7.9% Growth in Equipment & Software; Ag Machinery ‘Likely to Slow’

Washington, DC, Oct. 10, 2018 — After solid growth in 2017, investment in equipment and software should remain strong in 2018 and is projected to expand 7.9% (up from 7% in the Q3 Economic Outlook published in July) according to the Q4 update to the 2018 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation. Strong economic momentum should drive investment activity through the rest of the…

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