NTEA’s economist Steve Latin-Kasper tracks the economy’s leading indicators and how sales and shipments for commercial vehicles are trending for 2023.
The data was presented by NTEA’s Steven Latin-Kasper, senior director of market data and research.
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.
Truckable Economic Activity, the parts of Gross Domestic Product that spends time in trucks, looks to be getting off to a strong start in 2017.
A new report from Council of Supply Chain Management Professionals (CSCMP) reveals that total U.S. business logistics costs rose in 2012 to $1.33 trillion, a 3.4 percent increase from the previous year, remaining at 8.5 percent of the U.S. gross domestic product (GDP).
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