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What is the state of inflation?

Posted by Bill Witte on Nov 23, 2021 11:15:58 AM

Bill Witte fields a question about the state of inflation and shares his outlook going forward.

This Q&A response from The FTR Experts came from our November State of Freight Economic Outlook webinar. View the video and the key takeaways below.

 
Key Takeaways:
  • The inflation rate average for the next few years is expected to land at around 3%, almost double the 2015-2019 average of 1.6%.
  • This figure exceeds the Federal Reserve's average target of 2%.

 

Tags: Economy, inflation, outlook, transportation, economic

 

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