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TravelCenters of America LLC Message Board

  • granicus007 granicus007 Oct 27, 2011 12:39 PM Flag

    Truckers see no double dip

    Trucking Is Doing Better Than U.S. Economy; Double-Dip Recession Unlikely, Experts Say
    GRAPEVINE, Texas — Most trucking companies are currently doing better than the U.S. economy as a whole, and that should continue because a second, or double-dip, recession is unlikely, a panel of economists said. Transport Topics release 10/27/11

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    • With 3rd Q GDP ringing in at 2.5%...nope we are not even close to double dip. I believe with the new EU resolution we will see less headwind on the actual U.S. growth. So far most companies are ahead of their expected earnings and hording cash....wait till that cash gets put in to work. Then we will see GDP in the 4-5% range.

 
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