The Equipment Leasing & Finance Foundation's Monthly Confidence Index for the Equipment Finance Industry shows a January reading of 59, compared with December's 57.2. "Customers are still replacing equipment out of necessity rather than growth," said Elaine Temple, president of BancorpSouth Equipment Finance. "Until the European debt problems have a clearer resolution and the U.S. elections are decided, business is on the sidelines." Read more.

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