Martin LovellSenior Business Economist Federal Reserve Bank of Chicagowill take the stage on February 28, 2023 at 10:00 am to discuss the Fed’s views on current economic developments in equipment finance. Equipment Finance Connect and Westin Charlotte Charlotte, North Carolina
At the live conference on February 27th and 28th, Expanding agenda Networking and educational opportunities are packed through roundtables, targeted sessions and workshops.
View full event schedule here.
Lavelle will present an economic outlook for the equipment finance industry amid growing supply chain constraints, including sales volume forecasts for the next year and an in-depth look at changing customer dynamics.
Based in the Detroit branch of the Chicago Federal Reserve, Lavelle’s economic activities center around the automotive industry, consumer spending, construction and real estate, rural economic development, and the city of Detroit. He is a major contributor to the Chicago Fed’s monthly filings. beige book — Report on 12 US districts, categorized by city and represented by the Federal Reserve Bank, and hold roundtables with key business leaders and stakeholders in Indiana and Michigan.
According to the latest edition of the Beige Book, equipment industry contacts in January reported that supply chain disruptions had eased, but price increases and commercial lending demand continued to decline.
Equipment leaders are also bracing for a potential recession amid inflation, but stay optimistic Regarding funding requirements in 2023.
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