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Boom in plant and equipment spending peaks out - business expectations in leasing moving sideways

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  • Joachim Gürtler
  • Arno Städtler

Abstract

In the German leasing sector the business climate clearly clouded over in the third quarter of 2007. The business situation and outlook deteriorated perceptibly, but the entire indicator is still above the previous-year level. 35% of the leasing companies evaluated their business situation in November as good, 62% as satisfactory, and only 3% of the surveyed companies considered their current business situation to be poor. Also with regard to the business outlook, optimism has decreased. 22% of the survey participants reckon with a more favourable course of business, 73% with an unchanged situation and 5% expect a worsening.

Suggested Citation

  • Joachim Gürtler & Arno Städtler, 2007. "Boom in plant and equipment spending peaks out - business expectations in leasing moving sideways," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 60(23), pages 32-35, December.
    • Handle: RePEc:ces:ifosdt:v:60:y:2007:i:23:p:32-35
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    File URL: https://www.ifo.de/DocDL/ifosd_2007_23_3.pdf
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    References listed on IDEAS

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    1. Projektgruppe Gemeinschaftsdiagnose, 2007. "Upswing interrupted," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 60(20), pages 03-58, October.
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    Cited by:

    1. Arno Städtler, 2007. "Investment boom at a peak - 12% growth in equipment leasing: Clear loss of momentum in 2008," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 60(24), pages 59-70, December.
    2. Joachim Gürtler & Arno Städtler, 2008. "Ifo Institute: Expansion of plant and equipment expenditure and equipment leasing set to continue also in 2008," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(12), pages 57-60, June.
    3. Joachim Gürtler & Arno Städtler, 2009. "Drastic decline in equipment investments - business climate in movables leasing slowly leaves historic lows," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(06), pages 16-19, March.
    4. Joachim Gürtler & Arno Städtler, 2008. "Downturn in equipment investments - an historical low in the equipment leasing business climate," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(23), pages 49-52, December.
    5. Arno Städtler, 2008. "Clear cut backs in investments and leasing - 2009 threatens to be recessionary," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(24), pages 70-81, December.

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    JEL classification:

    • L89 - Industrial Organization - - Industry Studies: Services - - - Other

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