Research Corner: Do Consumers Maintain Momentum Through Q4?

As the famous adage goes, never doubt the American consumer.

Throughout the pandemic, the American consumer has shown a willingness to spend but was also able to pay off tremendous amounts of debt thanks to stimulus payments provided by the government. Since the stimulus measures have expired, American consumers have shifted their spending habits back to using credit instead of cash, causing total outstanding revolving credit to surge past pre-pandemic levels.

The jobs market looks strong on the surface, but underlying trends may concern consumers seeking a new job as hiring slows.

FreightWaves’ senior editorial researcher Joe Antoshak and senior analyst Tony Mulvey highlight these macroeconomic trends and try to answer the question “Do consumers maintain momentum through the fourth quarter?” in this week’s edition of the Research Corner.

Check out FreightWaves’ YouTube channel for more supply chain content.

Related Posts

SONAR introduces improved market-level pricing methodology

Flatbed spot rate APIs now available

Is the Juice Worth the Squeeze? Assessing FreightWaves SONAR vs. the Competition

Search

Search

What's the SONAR ROI?

By increasing the number of loaded miles per day your drivers drive by 1% and your rate per mile by $0.03 you will make more per week #WithSONAR.

#WithSONAR you can save up to per week through better bid negotiations and more effective management of your routing guide.

#WithSonar you can add 1 more load per person each day and increase $5 margin per load, earning your company an extra per week.

Disclaimer: Every company’s circumstances are unique. Fixed and variable expenses, market conditions and operational factors vary. Unforeseen events may also affect results. Calculated potential results reflect the consensus expectation of FreightWaves’ experts. Actual results may vary.

Read Recent Posts

November 28, 2023

SONAR introduces improved market-level pricing methodology

November 13, 2023

Flatbed spot rate APIs now available

October 25, 2023

Is the Juice Worth the Squeeze? Assessing FreightWaves SONAR vs. the Competition

White Papers
November 1, 2023

Index-Linked Contracts: A New Solution for Shippers’ Dissatisfaction with RFPs

August 3, 2023

Catering to the winners – SONAR subscribers beat the market

July 20, 2023

Navigating the Yellow Corp. Crisis: Implications and Strategies for LTL Shippers