The composite is ACT’s measure of freight creation in the U.S. economy. In addition to reflecting the recovery in the broader economy, strength in more freight-intensive sectors of the economy are delivering strong performance in the freight composite, which is projected to expand by 4.8% this year compared to a 3% expectation for overall GDP. The freight composite is echoing other freight-related metrics that are indicating a marked improvement in freight creation.
The composite is ACT’s measure of freight creation in the U.S. economy. In addition to reflecting the recovery in the broader economy, strength in more freight-intensive sectors of the economy are delivering strong performance in the freight composite, which is projected to expand by 4.8% this year compared to a 3% expectation for overall GDP. The freight composite is echoing other freight-related metrics that are indicating a marked improvement in freight creation.
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