Capital equipment finance global PMI manufacturing indices have
Global PMI manufacturing indices have rebounded above 50, bolstering demand forecasts for capital equipment finance companies. Historical correlation shows such movements often precede a sector rally of 4–7% within the next two months. You are responsible for reading, understanding, and agreeing to the National Law Review's (NLR’s) and the National Law Forum LLC's Terms of Use and Privacy Policy before using the National Law Review website. The National Law Review is a free-to-use, no-log-in database of legal and business articles. The content and links on www.NatLawReview.com are intended for general information purposes only. Any legal analysis, legislative updates, or other content and links should not be construed as legal or professional advice or a substitute for such advice. No attorney-client or confidential relationship is formed by the transmission of information between you and the National Law Review website or any of the law firms, attorneys, or other professionals or organizations who include content on the National Law Review website. If you require legal or professional advice, kindly contact an attorney or other suitable professional advisor. Peapack-Gladstone Financial Corp. and Peapack Private Bank & Trust announced Sept. 12 additions to its equipment finance and leasing subsidiary, Peapack Capital. Recent data in capital equipment finance points to a 3.6% year-over-year uptick in investment spending. This suggests that companies are preparing for expansion in infrastructure and heavy machinery, potentially lifting earnings for key industry players through Q
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