Q1 2024 United States Economic Outlook
In Partnership with Broughton Capital
The National Motor Freight Traffic Association (NMFTA)™ is committed to providing valuable insights to the freight industry through its quarterly economic reports. These reports aim to illuminate lesser-known trends across the broader freight market that could potentially impact businesses. Additionally, they offer interpretations of current trucking industry trends, helping businesses understand the underlying factors shaping their experiences.
Through this initiative, the NMFTA strives to empower businesses with comprehensive and relevant market intelligence, enabling them to navigate the dynamic and often complex freight landscape with greater confidence.
The trucking industry is a bellwether for the economy, and right now, it's ringing loud and clear: good times are ahead.
The National Motor Freight Traffic Association (NMFTA)™ has partnered with Donald Broughton of Broughton Capital to bring you the United States Economic Outlook Report for Q1, 2024, specific to the trucking industry. This report provides trucking and supply chain executives, decision-makers, and fleet managers alike, with insights into key economic indicators, such as Consumer Income and Dry Van loads, so you and your company can take advantage of these opportunities this year.
Read the report to learn:
- Onshoring is on the rise, as companies are bringing manufacturing back to the United States. This is creating a huge demand for trucking services.
- Construction is also strong, thanks to low mortgage rates and a growing population. This is another boost for the trucking industry.
- Consumer income is growing at a healthy pace, which means people have more money to spend on goods and services. This will lead to an increase in demand for trucking.
Download the complimentary report* today to access the full insights.
Donald Broughton founded Broughton Capital at the beginning of 2017, after spending over two decades as one of Wall Street’s top analysts – first at A.G. Edwards where he covered the Transportation industry, led the Industrials Research Team, and served on the firm’s Investment Strategy Committee. Beginning in mid-2006 Broughton published reports warning of an impending economic slowdown and by early 2007 published reports explaining why a recession was imminent.
His stock-picking performance has been repeatedly recognized by The Wall Street Journal as an “All-Star
Analyst,” by Forbes in its “When Picky Analysts Pick” series, and ranked by both Zacks Investment Research and Starmine as a 5-Star Analyst (their highest rating). He is a frequent guest on national broadcast media, such as CNBC and Nightly Business Report. Many in the transportation industry know him for his quarterly tracking of trucking bankruptcies. Notorious as a hard-hitting forensic accountant, as a ‘Sell-side analyst’ he used ‘Sell’ ratings more often than any other Transportation analyst, and is highly regarded for his forecasts that translate goods flow data into economic forecasts.
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