Skip to main content

‘Mild’ recession coming early next, ATA economist predicts for 2023

There is a good chance of a small, quick economic recession early next year. Combined with usual freight capacity surpluses at that time of year, it should mean a softening of freight demand for early 2023. That’s the word from Bob Costello, chief economist and senior vice president for the American Trucking Associations.

source https://www.supplychain247.com/article/mild_recession_coming_early_next_ata_economist_predicts_for_2023

Comments

Post a Comment

Popular posts from this blog

How Rising Inflation is Disrupting the Electronics Components Supply Chain

The worldwide inflation trend is causing problems in the electronic components supply chain by making parts more expensive and harder to procure, but mitigation methods exist to help OEMs, CMs, and EMS providers overcome the new challenge. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/how_rising_inflation_is_disrupting_the_electronics_components_supply_chain
Post a Comment
Read more

How Modern Logistics Companies Turn COVID Chaos into Long-Term Business Efficiency

COVID persists and supply chain operations are not expected to break from the current mode of remote workforce operations, however, smart operators are creating new opportunities by adopting forward-looking TMS solutions. source https://www.supplychain247.comhttps://www.supplychain247.com/article/logistics_companies_turn_covid_chaos_into_long_term_business_efficiency
Post a Comment
Read more