Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers
MishTalk
NOVEMBER 20, 2015
As surface transportation’s peak period ends for the year, and trucking eyes the traditionally slowest time for the industry as first quarter 2016, economic signals are, at best, mixed. Overoptimism 2008-2010 The SEP growth forecast for 2008 never turned negative. The actual growth rate for 2008 turned out to be –2.8%—the
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