Don Ake presents an update on the state of the GDP and GDP Goods Transport.
This Q&A response from The FTR Experts came from our November CV Market Update webinar. View the video and the key takeaways below.
- Ongoing supply chain issues have negatively affected the outlook from last month to present, and things aren't expected to change over the next five quarters.
- GDP Goods Transport only grew 0.3% in Q3 2021 as opposed to the GDP's 2.4%, as the industrial sector is affected by the supply chain more than the service sector is.