Truckers warning on 'industrial recession' that might undo 2019 peak - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

America's 'industrial recession' is so bad that truckers are warning there won't even be a 2019 peak season

There's a split between the industrial and consumer economies because trade tensions are dragging down industrials. The demand for US products have dipped, so factories are making less and trucks are moving fewer goods. Manufacturing comprises 11% of the US's gross domestic product.

Should trade tensions resolve, industry watchers say the industrial and trucking downturns should settle. Even though consumers aren't buying less, the industrial recession is so massive that it's eating into retail. "What's happening this year is the industrial economy is so weak that it's actually gotten negative," Sterling said. "The truckers come look at overall freight flows and say, 'Wow, we're way down just because industrial is so negative.' If industrial was more flat, you'd hear more positive out of these guys.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Where's Donnie, why isn't he helping the trucking industry like he helped coal

The Drumpf Effect

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 729. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Seeking nominations for the hottest adtech companies of 2019 - Business InsiderThe list will spotlight adtech companies that are driving change and their employees who have been instrumental to that change, from the CEO on down.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

The Best Places For Business And Careers 2019: Seattle Still On TopThe Seattle economy grew 8.7% last year or 7% net of inflation, three times the rate of the median U. S. city.
Sumber: Forbes - 🏆 394. / 53 Baca lebih lajut »