Slower truck growth predicted at NTEA summit

Forecasters have scaled down their outlooks but continue to forecast growth for the commercial truck market.

Four economists speaking at last week’s annual Business and Market Planning Summit shared a common viewpoint—that the economy will continue to grow, but at a slower pace during the next few months.

Speaking at the annual conference were Kenneth Kremar, principal for the Industry Forecast Practices Group of Global Insight; Steve Latin-Kasper, director of market data and research for the NTEA; Eli Lustgarten, senior research analyst for Longbow Securities; and Mustafa Mohatarem, chief economist for General Motors.

A detailed report on this year’s Business and Market Planning Summit will be included in the October issue of Trailer/Body Builders.

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