ACT: Class 8 Demand Remains Strong Despite Lackluster Economic Forecasts

by Staff

January 11, 2012

1 min to read

ACT Research expects the pace of U.S. economic activity to operate at a rate of around 2% in 2012, according to the January issue of the ACT North American Commercial Vehicle OUTLOOK, published by ACT.

"A wide range of U.S. economic data reported in the last few weeks have been stronger than consensus expectations. However, they are incidental to underlying trends, as the fundamental factors affecting economic growth remain largely unchanged," says Sam Kahan, ACT's chief economist. "We do believe that the heavy-duty truck market will continue to benefit from healthy trucker profits and rising used truck values."

No adjustments were made to ACT's commercial vehicle forecasts this month.

Topics:Economy Fleet Management

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