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Economy WTU

Weekly Transportation Update: GDP Rises as Goods Transport Falls

The FTR Experts | October 31, 2022

GDP rises in Q3, but the goods transport economy fades

New orders for core capital goods see largest decrease since May 2021.
Sales of new homes fall in September after August’s surprising increase.
The trucking spot market sees volume growth, mostly stable rates in the latest week.
Railroad labor issues return to the spotlight.

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