Investment Momentum Monitor

*Due to the federal government shutdown, many of the data series incorporated in the U.S. Equipment & Software Investment Momentum Monitor report have not been updated for 1-2 months. In addition, the release of official government data on equipment and software investment growth during the third quarter has been delayed. As a result, the Foundation will not publish a Momentum Monitor report in November. Regular monthly report production will resume once the government reopens and economic data series are updated. In the meantime, ELFA and the Foundation will continue to publish monthly updates of the Capex Finance Index and the Monthly Confidence Index for the Equipment Finance Industry.

The Foundation-Keybridge U.S. Equipment & Software Investment Momentum Monitor consists of indices for seven equipment and software investment verticals.

These indices are designed to identify turning points in their respective investment cycles with a 3 to 6 month lead time for the following verticals:

The Foundation-Keybridge Momentum Monitor has been reimagined with a redesigned report format. Each vertical now receives its own dedicated page, offering more detail through enhanced charts, data tables, and visualizations. The result is a more accessible and visually compelling resource that delivers clear insights and greater value to the industry.

The Foundation consolidated several equipment verticals while also incorporating new types of equipment that have not previously been tracked. Specifically, the number of equipment verticals has been condensed from 12 to 7, including Agriculture, Construction, Energy & Electrical, Industrial, Medical, Technology, and Transportation. Collectively, these verticals account for over 90% of U.S. equipment and software investment.