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Products are evolving in the beauty, cleaning and wellness spaces with sustainability, AI and more.
March 26, 2024
By: Melissa Meisel
The Equipment Leasing and Finance Association (ELFA) revealed its Top 10 Equipment Acquisition Trends for 2024. Private investment by U.S. businesses in equipment and software is forecast to be more than $2 trillion in 2024, with a substantial amount of that investment activity financed, so these trends impact a significant portion of the U.S. economy. ELFA President and CEO Leigh Lytle said, “The resilient U.S. economy and opportunities for growth and greater efficiencies underlie the trends this year as equipment acquisition continues to drive supply chains across all U.S. manufacturing and service sectors. Nearly eight in 10 of U.S. businesses use equipment leasing and financing to acquire the productive assets they need to operate and grow. We are pleased to provide the Top 10 Equipment Acquisition Trends to help businesses in their strategic equipment acquisition decision-making.”
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