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Considering interest rates, inflation, fuel prices, fleet sales, vehicle values, and other factors, the prevailing theme is moderation. Is this what a “soft landing” looks like?
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NTEA’s economist Steve Latin-Kasper tracks the economy’s leading indicators and how sales and shipments for commercial vehicles are trending for 2023.
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Speaking about the impact of Hurricanes Harvey and Irma at the FTR Transportation Conference, analysts estimated that the economic impact on the region could cost GDP 0.5% in the third quarter of 2017.
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