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Article: Global Insight Issues New Report on the Economic Impact of Equipment Leasing; Equipment Leasing Enables Billions in Real GDP, Creates Millions of Jobs In Other Industries Annually.
- Article from:
- Business Wire
- Article date:
- September 6, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ARLINGTON, Va. -- Global Insight has released a new study, The Economic Contribution of the Equipment Leasing Industry to the U.S. Economy: Growth, Investment, Jobs, that explains the impact the equipment leasing and finance industry has on the U.S. economy and jobs. The study was conducted by Global Insight, a global economic and financial forecasting company, at the request of the Equipment Leasing Association (ELA) in June 2005 as a method to quantify the importance of equipment lease financing beyond its own marketplace. A copy of the full study may be found at http://www.elaonline.com/industrydata/ELAEconContrib05.pdf
The study uses econometric models that ...