A lot has happened in the economy since our mid-year review six months ago. The international economy has weakened with a definite shove from U.S. trade policy. Domestically, the expansion has slowed with the manufacturing sector shifting into reverse. Adding in impeachment and election year politics, the question as we enter 2020 is whether the overall economy will follow manufacturing into recession. This webinar will review the current status of the economy and present our baseline forecast for 2020. We will also discuss the risks to that outlook and the factors that we will be watching as events unfold.
- The U.S. economic expansion has increasingly rested on household spending. This webinar will discuss if this can continue or if the expansion will end in 2020.
- Insight on how the FTR outlook has changed over the past six months.
- Key discussion on the danger signals that FTR will be watching for going forward.
This webinar will contain a thirty-minute presentation by Bill Witte, FTR Economy Expert and Eric Starks, FTR Chairman & CEO. The webinar will be moderated by Jonathan Starks, Chief Intelligence Officer for FTR. A 30-minute Q&A session will be held after the presentation to answer questions. Please submit your questions during registration. Any questions we cannot answer during the Q&A will be answered at our next Ask the Expert Webinar.
“Over the past several months the U.S. manufacturing sector has moved into contraction, and in the financial markets the yield curve may have sent a recession signal. We still think the expansion can muddle through, but there is no room for error in the current situation.” said Bill Witte, Economy Expert for FTR.
FTR State of Freight Webinar:
Title: 2020 Economic Outlook
Time: November 14, 2019 | 11:00-11:30 AM EST
For more than 30 years, FTR has served as the industry leader in freight transportation forecasting for the shipping, trucking, rail, intermodal, equipment, and financial communities in North America. FTR’s experts, with over 250 years of combined experience in the transportation industry, provide quantitative analysis with historical and modal-specific insights. FTR’s reports, data, commentary, and insights help clients evaluate market risks, identify new opportunities, and make informed decisions.
FTR is the only company with a complete set of freight data for all modes of transportation with detail at the 3 Digit STCC commodity level. FTR tracks and forecasts 200+ unique commodity groups both quarterly and annually using their proprietary Freight•cast U.S. freight transportation model. FTR’s Transportation Conference held annually in September in Indianapolis is a unique event bringing together every aspect of the freight transportation world into one place. For more information www.FTRconference.