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CNBC: “The pickup truck indicator shows the economy is strong”

By datatrekresearch in IN THE NEWS CNBC: “The pickup truck indicator shows the economy is strong”

Excerpt from CNBC quoting DataTrek:

.... "Looking at sales from large pickup trucks as a proxy for the health of small businesses in the U.S., DataTrek Research found that 2019 ended on a strong note, and that sales show “little sign of turning lower as we start the new decade.”

The firm said that pickup truck sales can be a helpful indicator since the trucks are used in a vast array of businesses, and are typically a discretionary purchase"....

Read the full article here in CNBC!

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Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.