U.S. Heavy Trucks Sales vs. Recessions U.S. heavy trucks sales fell in August to 534K. Before recessions and bear markets, heavy truck sales peak and then decline. Currently, heavy trucks sales are still trending upwards and suggest that there is no imminent recession on the horizon. You may also like “Heavy Truck Sales as Recession Indicator.”
Truck Tonnage vs. S&P 500 Index The Truck Tonnage Index surged 6.6% in July and is still on a nice upward path. Trucks represent 70% of U.S. freight and serve as a barometer of the U.S. economy. This chart shows how the U.S. stock market has increased in line with the physical size and expansion…
Heavy Truck Sales as Recession Indicator Before a recession, heavy truck sales always peak (red arrow) and then decline (black arrow). Currently, heavy truck sales have a nice upward slope and show no sign of peaking. So, it suggests that there is no imminent recession on the horizon. You may also like “U.S. Heavy Trucks…
