Categorized | Uncategorized

Barely News: Big-Rig Orders Are in a Steep, Year-Long Decline

Posted on 03 February 2016

One of the economy's more important bellwethers has been on a steep year-long decline which shows no signs of abating this year. It's barely news, and much of the sparse reporting seen has been incomplete and sloppy.

Truckinginfo.com reported today that "January was a tough month for truck manufacturers as Class 8 truck orders were down 35% compared to the previous month, according to a preliminary report from ACT Research." This follows a 2015 calendar year during which total orders came in 25 percent lower than 2014. A Google News search indicates that only Reuters and the Wall Street Journal found this information important enough to cover. Reuters might as well not have bothered, given the sloppiness of its report as carried at CNBC: