class 8 trucks
forecasting
Economy
WTU
Weekly Transportation Update: Real Consumer Spending Rises While Existing Home Sales Fall
The FTR Experts
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Real consumer spending posts largest increase since March 2021.
- Sales of existing homes fall for the 12th straight month, but sales of new homes rise sharply.
- Trucking and parcel post record revenues in 2022, but trucking sees sharp drop in Q4.
- Dry van and refrigerated spot rates cool further in the latest week.
- The latest railroad employment figures are a cause for concern.
