Friday, February 26, 2016

For the U.S., Fewer Goods Means Fewer Trucks

In the United States there are mass layoffs in factories that produce medium-sized trucks, ones roughly 7 to 14 meters in length. Orders for trucks in this size range have almost come to a stop in some regions. Indirectly, this is bad news for manufacturing in general. These are the trucks of the distribution system, the ones that move manufactured products from factory to warehouse to store to home. There is no need for more of these trucks this year because U.S. consumers are purchasing a smaller total volume of goods, a trend that is expected to continue into next year.

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