Weekly Fuel Report: August 10, 2020
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Listen to the podcast to hear a breakdown of the survey here.
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Listen to the podcast to hear a breakdown of the survey.
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Listen to the podcast to hear a breakdown of the survey.
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Listen to the podcast to hear a breakdown of the survey.
Tender rejections: After increasing from 6.52% to 8.91% last week, we expect national rejection rates to continue to rise but at a slowing pace in the coming week as carriers struggle to recover from spiking demand. Manufacturing outlook: The coming week will give a refresher for industrial production. Manufacturing is plagued by a lack of […]
Construction outlook: Construction outlook:The Federal Reserve announced an emergency 50-basis-point (bps) rate cut last Tuesday, lowering its target Fed Funds range to 1-1.25% from 1.5-1.75%. The Fed cut is a reaction to the rising economic risk posed by the coronavirus becoming a global pandemic and the knock-on effects to global supply chains and consumer spending. […]