Ibrahiim Bayaan, Chief Economist & Market Expert

Ibrahiim covers developments and trends in the global economy. His focus is on understanding the links between movements in the macroeconomy and the implications for freight markets. Ibrahiim is also a one of FreightWaves’ Market Experts. Prior to FreightWaves, Ibrahiim spent nearly a decade building up the forecasting capabilities and creating the economic messaging at UPS. Ibrahiim and his family live in Atlanta, Georgia.

Economics

Ibrahiim Bayaan, Chief Economist & Market Expert Thursday, August 22, 2019
1,037

Sales surging but the retail apocalypse continues

Using data from FreightWaves SONAR, economist Ibrahiim Bayaan writes about the state of the U.S. retail market and what is ahead for this key sector.
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Economics

Ibrahiim Bayaan, Chief Economist & Market Expert Thursday, August 15, 2019
397

Mixed signs from the economy as sales climb, industrial output declines

Retail remains a rare source of strength in the economy while manufacturing struggles
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Economics

Ibrahiim Bayaan, Chief Economist & Market Expert Friday, August 9, 2019
25 10,573

Trucking rates fall again

July PPI data showed another decline in trucking rates as yearly growth will likely turn negative soon.
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Economics

Ibrahiim Bayaan, Chief Economist & Market Expert Monday, August 5, 2019
332

Survey data shows slowing economy as tariffs loom

ISM data in both the service sector and manufacturing sector suggest the economy is slowing and recent tariffs could make things worse
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Economics

Ibrahiim Bayaan, Chief Economist & Market Expert Thursday, August 1, 2019
651

Implications of Fed rate cut for carriers and shippers

The Fed cut interest rates for the first time in over a decade. Shippers and carriers should benefit as the economy looks to reaccelerate
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Economics

Ibrahiim Bayaan, Chief Economist & Market Expert Friday, July 26, 2019
401

GDP growth slipped in the second quarter, and revisions reveal weaker 2018 growth

GDP growth slowed to a 2.1 percent pace in the second quarter, as strengthening consumer spending was offset by weakness elsewhere
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Economics

Ibrahiim Bayaan, Chief Economist & Market Expert Tuesday, July 16, 2019
965

Positive news for freight demand as retail and manufacturing advance

Economic data from the goods side of the economy continued to trend in a positive direction in June, as both retail sales and industrial production…
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Economics

Ibrahiim Bayaan, Chief Economist & Market Expert Friday, July 12, 2019
5 1,315

Trucking rates gain, but continue to face headwinds

Producer price data shows that trucking rates made some gains in June, but much of this was likely driven by seasonality
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Economics

Ibrahiim Bayaan, Chief Economist & Market Expert Friday, July 5, 2019
1 3,484

Signs of life as hiring in the economy, trucking improve

Job growth rebounded nicely in June as the economy added 224,000 workers to payrolls during the month. The transportation and logistics sector was one of…
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Economics

Ibrahiim Bayaan, Chief Economist & Market Expert Monday, July 1, 2019
869

July Economic Roundup

The economic roundup summarizes recent developments in the macroeconomy as they relate to freight demand, and highlights key trends worth watching in the upcoming month.
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