Equipment investment rises by 15% in 2011 – Business climate in the leasing sector approaching an all-time high

The strong growth of the German economy this year is being fuelled primarily by the domestic market, in particular by high corporate investment. This has now reached the leasing industry, as shown by Ifo surveys: by mid-year 2011, nearly one-third of leasing companies were reporting good business. For the second half year, the firms anticipate a further revival of business. The investment indicator forecasts a nominal increase in equipment investment of nearly 14% for 2011 and more than 14% for 2012.