Article in Journal

Investment weakness slows growth in leasing

Joachim Gürtler, Arno Städtler
ifo Institut für Wirtschaftsforschung, München, 2001

in: ifo Schnelldienst, 2001, 54, Nr. 23, 41-43

According to the results of the recent survey in the leasing industry, the downturn in the business climate continued, falling in the third quarter to an all-time low. In assessments of the current business situation, the positive responses still hold the balance, but the business outlook has weakened considerably during the past two years. Only one in five leasing companies viewed the business situation in the third quarter as favourable; 75% regarded it as satisfactory; and 5% o the participants saw their situation as poor. In the business expectations the previous optimism has vanished.

JEL Classification: E220

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ifo Institut für Wirtschaftsforschung, München, 2001