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What is the outlook for the GDP and GDP Goods Transport?

Posted by Avery Vise on Dec 15, 2021 3:15:39 PM

Avery Vise discusses the outlook for GDP and Goods Transport.

This Q&A response from The FTR Experts came from our December Commercial Vehicle Quarterly Update. View the video and the key takeaways below.

 
Key Takeaways:
  • Q3 2021 was weaker than expected for GDP but solid growth is still forecast for next year.
  • Hurricane Ida's effect on industrial production lent to Goods Transport's worst quarter since Q2 2020.

 

Tags: Economy, trucking, GDP, outlook, transportation, GDP Goods Transport, economic, consumer

 

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