GDP
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American Shipper
Marine industries’ contribution to US economy swells
‘Blue economy’ provides about $373 billion of nation’s gross domestic product
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Freightonomics podcast
The worst has yet to come for carrier financials and GDP
Zach and Anthony review some of the latest company earnings and a major economic releases which have yet to reveal the full story of the…
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American Shipper
American Trucking Associations: ‘The second quarter is going to be terrible’
Bob Costello expects many trucking companies to go out of business before the economy recovers from the recession caused by the coronavirus pandemic.
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Economics
Class 8 truck production could fall to less than half of 2019
ACT Research cannot model downturn scenarios fast enough for Class 8 trucks, but high inventory levels make the coronavirus crisis a good time to take…
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FreightWaves Infographics
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AskWaves
Why is GDP not useful for looking at freight conditions in the economy?
The overall GDP number is not very useful when looking for insight into freight conditions in the economy. The U.S. economy is dominated by the…
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American Shipper
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Business
Four views of global growth: BlackRock, McKinsey, Deutsche Bank and BoAML
In 2020, growth is expected to slow further in nearly every global region, except Latin America and emerging Asian economies.
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American Shipper
Fitch Ratings downgrades economic forecast
The primary cause of the deteriorating outlook for the next 12 to 18 months is trade policy.
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Economics
Bob Costello at McLeod: healthy economic activity but slower growth
Bob Costello still believes in the driver shortage.
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