In Search Of A Silver Lining

摘要

One month into 2009 and we are all hoping for some encouraging words about the economy and our industry's prospects. So far that silver lining has not appeared. The news from the fourth quarter of '08 seems to cloud the future. According to researchers, FTR Associates, "The latest truck market forecast registers yet another downward revision to the U.S. Economy near term freight and truck production forecast. Its four full quarters of GDP shrinkage brand this downturn as a full-blown recession, during the current quarter. The economy has not seen a negative 4% quarter in 26 years."