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ELFA Economic Activity Survey reports July new business volume.
2015-08-28 14:31:07| Industrial Newsroom - All News for Today
ELFA's Monthly Leasing and Finance Index (MLFI-25) shows overall new business volume for July to be $8.2 billion, which is up 4% from July 2014 and down 14% from June. Year to date, cumulative new business volume increased 8% compared to 2014. Receivables over 30 days were 1.0%, down from 1.1% previous month and unchanged from 2014 period, and charge-offs remained at 0.2%. Credit approvals totaled 79.0%, down from 79.4% in June, and total headcount for companies was up at 5.4% from 2014.
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Category:Industrial Goods and Services