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Excellent business situation for leasing - boom in equipment investment

Joachim Gürtler, Arno Städtler
ifo Institut für Wirtschaftsforschung, München, 2007

ifo Schnelldienst, 2007, 60, Nr. 12, 54-57

After a clouding in the autumn months of 2006, the business climate in the German leasing sector clearly improved at the turn of the year. Also in the first five months of 2007 the confidence indictor tended upwards. In light of lively demand, the leasing companies were again very satisfied with their current business situation. In May, 54% of the leasing companies assessed their business situation as good, 42% as satisfactory and only 4% of the participants reported a poor business situation. The majority of leasing companies expects business to remain steady into the autumn months.

JEL Classification: L890

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ifo Institut für Wirtschaftsforschung, München, 2007