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Downturn in equipment investments - an historical low in the equipment leasing business climate

Joachim Gürtler, Arno Städtler
ifo Institut für Wirtschaftsforschung, München, 2008

ifo Schnelldienst, 2008, 61, Nr. 23, 49-52

In the wake of the dramatic worsening of the financial market crisis, the business climate in the German leasing sector deteriorated in October and November 2008, reaching the lowest point since the survey has been conducted for Germany as a whole. The assessments of the current business situation plunged and the business outlook is very pessimistic.

JEL Classification: L890

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ifo Institut für Wirtschaftsforschung, München, 2008