2025 forecast: solid foundation for on-highway, but uncertainty ahead
23 December 2024
Potential changes in trade policies and regulations add to uncertainty in the commercial vehicle outlook.
Ahead of 2025, the U.S. economy remains resilient with steady, above-trend growth, gradually slowing inflation and a cooling labor market. With ongoing healthy income growth, consumer spending continues to beat expectations, supporting the broader economy despite still restrictive interest rates and high price levels constraining interest-sensitive sectors. The Fed’s inflation-fighting…
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