- FORECAST: New business volumes suggest a 0.7% increase in new durable goods orders in May.
- Total new business volume (NBV) rose by $10.3 billion seasonally adjusted among surveyed ELFA member companies, an increase of 3.0% from the prior month.
- NBV year-to-date contracted by 1.2% relative to the same period in 2024.
- Year-over-year, NBV dropped by 3.7% on a non-seasonally adjusted basis.
WASHINGTON, June 25, 2025 (GLOBE NEWSWIRE) — “The May CFI survey confirmed that the equipment finance industry had a good start to 2025. Demand for new equipment picked up in the latest data, particularly at captive businesses, and industry-wide financial conditions remained healthy,” said Leigh Lytle, President and CEO at ELFA. “The May delinquency data was largely unchanged after accounting for an outlier, and losses were stable, both good signs considering the restrictive stance of monetary policy. The slow bite of tariffs may still emerge this summer, and conflict abroad could impact energy prices and supply chains, but the string of solid CFI surveys is yet another clear indication that the equipment finance industry is going to be tough to slow down in 2025.”
New business volumes picked up. New business volumes rose by 3.0% in May from the previous month to $10.3 billion. The increase was nearly exactly in line with the recent two-year trend. New business volumes for small ticket deals were up 17.8%, the fifth consecutive month of double-digit volatility. It was also a nearly complete reversal from the 18.3% decline in the prior month. New volumes grew by 14% at captives and 5.0% at …