GDP
-
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.
Read More » -
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…
Read More » -
FreightWaves Infographics
-
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…
Read More » -
American Shipper
-
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.
Read More » -
American Shipper
Fitch Ratings downgrades economic forecast
The primary cause of the deteriorating outlook for the next 12 to 18 months is trade policy.
Read More » -
Economics
Bob Costello at McLeod: healthy economic activity but slower growth
Bob Costello still believes in the driver shortage.
Read More » -
Canada
Canadian economy notches another month of growth
Canadian rail and trucking sectors expand as nation’s GDP increases by 0.2 percent, capping its best three-month period in two years.
Read More » -
Economics
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
Read More »