Listen to the podcast to hear a breakdown of the survey.
Learn more at SONAR.FreightWaves.com
To learn more, visit FreightWaves.com/FreightFutures
Listen to the podcast to hear a breakdown of the survey.
Learn more at SONAR.FreightWaves.com.
Visit SONAR.FreightWaves.com to Learn More.
Listen to the podcast to hear a breakdown of the survey.
Construction outlook: Construction outlook:The Federal Reserve announced an emergency 50-basis-point (bps) rate cut last Tuesday, lowering its target Fed Funds range to 1-1.25% from 1.5-1.75%. The Fed cut is a reaction to the rising economic risk posed by the coronavirus becoming a global pandemic and the knock-on effects to global supply chains and consumer spending. […]
Manufacturing outlook: The coming week will be telling for the industrial segment. The Institute for Supply Management updated the Purchasing Managers’ Index (ISM.PMI). It breached the 50-expansion threshold in for two consecutive months. There may be some talks of a turnaround for the manufacturing segment. However, the numerous headwinds in the current macro-economy suggest that […]