2025 economic outlook: Modest growth expected as tariffs & heightened uncertainty continue to weigh on economy
The Equipment Leasing & Finance Foundation recently released its Q3 update of the 2025 Equipment Leasing & Finance U.S. Economic Outlook, forecasting a mechanical rebound in Q2 growth driven by stronger net exports before slowing over the remainder of the year due to pressure of higher tariffs and an increasingly cautious consumer behavior.