The heavy duty (class 8) truck factory where I just retired from layed off 400 3 weeks ago because of declining sales. Sales are still falling, looks like another layoff at Christmas.
Those in the know watch class 8 sales because it’s usually 3 to 6 months ahead of the economy. On the plus side class 8 stocks are up.
“Jobless claims dropped by 19,000 to 235,000 in the week ended Nov. 12,......”.....
This entire report is bogus. The “gubmint” has been manipulating numbers for the past 8 years. You want to talk about inflation dropping, go to your local “Wally World”, or wherever you choose to shop, and you will see that “inflation” is alive, well and growing daily.