US business equipment borrowings down more than 4% y/y in November, ELFA says

Core Viewpoint - U.S. companies experienced a 4.4% decrease in borrowing for equipment investments in November compared to the same month last year, as reported by the Equipment Leasing and Finance Association (ELFA) [1] Summary by Category Borrowing Trends - The decline in borrowing indicates a potential slowdown in capital expenditures among U.S. companies, reflecting cautious investment behavior in the current economic climate [1]