US companies increase equipment borrowing to near record levels in December

American firms increased equipment financing by 5.9 percent in December to reach a near-record 10.6 billion dollars. Business confidence hit a new high.

Insights:
U.S. companies increased their borrowing for equipment purchases by 5.9% in December compared to the previous year, reaching the second-highest level ever recorded. New loans, leases, and lines of credit signed during the month totaled $10.6 billion on a seasonally adjusted basis. This robust activity highlights significant demand across the US USUSdespite a landscape of economic uncertainty.
Workers operate machinery at D'Addario's instrument strings production facility in Farmingdale, New York, U.S., July 10, 2025. REUTERS/Kylie Cooper/File Photo
Workers operate machinery at D'Addario's instrument strings production facility in Farmingdale, New York, U.S., July 10, 2025. REUTERS/Kylie Cooper/File Photo
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