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Did anyone see the consumer confidence number?
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Pofarmer
Posted 2/24/2010 13:53 (#1091470 - in reply to #1091414)
Subject: Re: Did anyone see the consumer confidence number?



Class 8 truck sales are in the toilet too.

http://www.truckinginfo.com/news/news-detail.asp?news_id=69335&news...

Class 8 truck orders have not been this low since July 2002, according to preliminary data released by FTR Associates. Covering the U.S., Canada, Mexico and exports, January 2010 Class 8 net orders for major North American OEMs were 6,221 units.

In January, orders were down 46.4 percent from December and 20.1 percent from January 2009.

I don't think they had to do any sandbagging of the consumer confidence numbers. Nobody I talk to feels good about the economy. There are some people making money off of this economy, but they still think that the overall economy sucks.
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