Welcome to 2025 and we hope you and your community are off to a great start. Change is good – it keeps us sharp and on our toes and new ideas can often lead to new successes at home and the office and we hope that’s true for you!
My regular readers, for whom I am grateful, know that I am fond of interest rates as a market of where we are going and rates are down almost 6% from 4.57% right after the inauguration, to 4.30% on the 25th of February. That’s not a bad sign for those of us financing darned near anything from a fleet of 206 school buses we funded recently for a school district in the Cornhusker State to a new Carrier Roof Top Unit – yup, just one – in the Constitution State. Yes, it would seem the time is right to begin budgeting for that new piece of equipment or project ‘cuz we know that interest rates never stand still.
Inflation by all measures is also pretty stable suggesting that the costs of goods and services is also stable so that lower cost of dollars goes a fair bit further. No, I will never disagree with you that statistics only tell part of the story and inherently have their own bias so it’s good to look at as many data sets as you can from a wide range of sources. Hey, I’m just one old hippie in Denver so my data will always be skewed by where I choose to look for it.
We’re all busy so this month’s blog is short – that interest rate market should be a good prod in your planning to lock in financing costs today. And the same holds true of the tax environment we live in – yes, there are plans afoot to lower tax rates on our personal and corporate income and we may also see fees and tariffs rise to offset some of that gain. This uncertainty always imposes a cost for inaction.
