Upcoming equipment auctions, in-depth Q4 economic outlook for equipment leasing industry

Large lift equipment auctions coming up:

• No-reserve auction at Purple Wave November 14
• United Rental holding giant sale November 21

More Q3 news:

• Canadian dealer Strongco reported lower revenues, higher gross profit

Our long-read of the day: Equipment Leasing & Finance Industry Snapshot

• Equipment Leasing and Finance Foundation: 2019 Economic Outlook Industry Q4 Update snapshot
• U.S. GDP slowed – now below 30-year average
• A weakening manufacturing sector and waning business confidence will dampen growth prospects through the rest of 2019.
• Real Investment in Equipment and Software estimated to fall from 7.7% in 2018 to 3.9% in 2019
• Businesss investment contracted for the first time since 2016, and only the eighth time since the Great Recession (Versus 32 quarters of growth in the same time period)