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What is the state of the consumer sector?

Posted by Avery Vise on Nov 29, 2021 4:34:41 PM

Avery Vise discusses the consumer sector and the retail inventories-to-sales ratio.

This Q&A response from The FTR Experts came from our November State of Equipment Rail Quarterly Update. View the video and the key takeaways below.

 
Key Takeaways:
  • Retail and food service sales were at an all-time high in October, slightly due to inflation but mostly from the stimulus received recently.
  • Inventories are not as depleted as they seem if you remove automotive from the equation as that is where most of the difficulty to meet demand lies.

 

Tags: Economy, trucking, outlook, transportation, economic, consumer

 

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