FTR | Ask the Experts

Can consumer spending reach any higher?

Written by Avery Vise | Apr 19, 2022 7:41:57 PM

Avery Vise tracks consumer spending and discusses how long it can continue at this rate.

This Q&A response from The FTR Experts came from our February State of Freight- Trucking Update webinar. View the video and the key takeaways below.

 
Key Takeaways:
  • Consumers will likely keep spending at the rate they have been but not much higher, particularly on goods.
  • Purchases of durable goods have flattened out relative to non-durable.