class 8 trucks
forecasting
Economy
WTU
Weekly Transportation Update: Manufacturing and Retail Make Up For Weak Housing Starts
The FTR Experts
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Manufacturing and retail post strong seasonally adjusted gains.
- Housing starts in January were weakest since June 2020.
- Energy and shelter costs fuel inflation at the consumer and producer levels.
- Dry van and refrigerated resume their modest cooling in spot rates.
- Intermodal volumes are already weak ahead of the Lunar New Year impact.
