Hauling Industry News
Truck Chassis sales Trends and Expectations
- U.S./Mexico commercial truck chassis sales are predicted to grow about 2 percent this year.
- The U.S. economy will likely continue growing (at a decelerating rate) in 2019, but is expected to enter a recession by 2021.
- National Association of Home Builders forecasts less than 1 percent growth in housing starts for 2019.
U.S./Mexico commercial truck chassis sales growth decelerated to 2.1 percent in the fourth quarter of 2018, as compared to the fourth quarter of 2017 — pulling the annual growth rate down to 4.0 percent. In Canada, sales increased 14.0 percent in the fourth quarter — a decline from 18.4 percent growth in the third quarter, but high enough to push the annual growth rate up to 8.0 percent. Story by Steve Latin-Kasper, NTEA Director of Market Data & Research.