Martin Lavelle, senior business economist at the Federal Reserve Bank of Chicago, will take the stage to discuss the Fed’s view on current economic trends within equipment finance at 10 a.m. on Feb. 28 during the 2023 Equipment Finance Connect at the Westin Charlotte in Charlotte, N.C.
The conference, which takes place live on Feb. 27 and 28, features an expanded agenda packed with networking and educational opportunities through roundtable discussions, targeted sessions and workshops.
View the full event agenda here.
Lavelle will give a presentation on the economic outlook in the equipment finance industry amid extended supply chain constraints, including a forecast on sales volume for the coming year and a deeper look at shifting customer dynamics.
Based in the Chicago Fed’s Detroit Branch, Lavelle’s economic work revolves around the auto industry, consumer spending, construction and real estate, rural economic development and the city of Detroit. He is a key contributor to the Chicago Fed’s submission in the monthly Beige Book — which reports on 12 U.S. districts categorized by cities and represented by Federal Reserve Banks — and holds roundtables with key business leaders and stakeholders in Indiana and Michigan.
Equipment industry contacts in January reported easing supply chain disruptions but continued elevated prices and a dip in commercial lending demand, according to the latest edition of the Beige Book.
Equipment leaders also are preparing for potential recessionary conditions amid inflation but remain optimistic about financing demand in 2023.
For more information about the event visit the Equipment Finance Connect website. Register for the event here.
