ACT Research has maintained its forecasts in the latest issue of the ACT North American Commercial Vehicle OUTLOOK.
“The economy and commercial vehicle demand are both generally in line with expectations,” said Kenny Vieth, ACT’s president & senior analyst.
“The U.S. economy is in much better shape than it was at the start of the Great Recession, not only from the perspective of continued growth, but also in its ability to weather shocks. Industry backlogs are large, and we remain comfortable with our 2012 forecast.”
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