Alternative Indicators: What Big-Rig Truck Sales Reveal About the U.S. Economy
Is U.S. manufacturing driving off a cliff or into the sunset—and taking the economy with it? Look no further than sales of heavy trucks. Trucking companies buy more of these big rigs when they expect they will have more stuff to ship, so declines in heavy truck sales often match up to economic contractions dating back to the 1960s. Now the data show that sales have been going downhill since 2023, falling off more dramatically since June of this year. Host Alex Ossola talks with Bob Tita, who covers manufacturing for The Wall Street Journal, and Avery Vise, vice president of trucking for data…
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