Investment in equipment and software is projected to expand 4.1 percent in the new year, during which gross domestic product is projected to increase 2.3 percent over 2018, according to the Equipment Leasing & Finance Foundation. The Washington, D.C. group’s 2019 Equipment Leasing & Finance U.S. Economic Outlook notes that such investment increased at a robust rate in the first half of last year, driven by more preferable tax treatment and a general upswing in the U.S. economy. However, growth slowed in the third quarter and recent federal government figures suggest a continuation of the trend, spelling a weak 2019 springboard.
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