U.S. companies borrowed 9 percent more in December to finance equipment investments compared with a year earlier, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday. The companies signed up for $12.9 billion in new loans, leases, and lines of credit last month, compared with $11.8 billion a year earlier, according to ELFA….
New Business Orders For US Durable Manufactured Goods Slowed in April
New orders for U.S. made durable goods increased less than expected in April, after businesses slowed down their pace of spending on equipment as they deal with rising interest rates and tightening financial conditions, according to a U.S. Census report released by the Commerce Department on May 25. The government report said that durable goods…
A Chef’s Toolkit: Kitchen Essentials Professional Chefs Can’t Live Without
Like an artist with a favorite brush or an IT tech with a preferred screwdriver, chefs have their own must-have tools for creating culinary masterpieces. You may be surprised by their choices. A Spatula With a Heart Williams-Sonoma No Kid Hungry Tools for Change Silicone Spatulas A simple spatula is essential for every kitchen. In addition…
US Business Borrowing for Equipment Fell 3 Percent in December: ELFA
U.S. companies borrowed 3 percent less in December to finance their investments in equipment, the Equipment Leasing and Finance Association (ELFA) said on Tuesday, as inflation and Omicron cloud economic outlook. Firms signed up for $11.8 billion in new loans, leases, and lines of credit last month, compared with $12.1 billion a year earlier. Borrowings,…
Deere Expects Bumper Year as Farmers Splurge on Equipment
Deere & Co. on Wednesday shrugged off the hit from a month-long worker strike to forecast record earnings for next year, banking on demand from farmers flush with cash after a run-up in grain prices. The world’s largest farm equipment maker also capped a year riddled with supply chain problems with its highest-ever profit of…
US Business Borrowing for Equipment Rises 21 Percent in August: ELFA
Borrowings by U.S. companies for capital investments rose 21 percent in August from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday. The companies signed up for $8.5 billion in new loans, leases and lines of credit last month, up from $7 billion a year earlier. However, borrowings fell 14 percent…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`