ACT Research has developed a proprietary Class 8 tractor dashboard to measure the dynamics of the Class 8 market, this dashboard is one of the key benefits of the N.A. Commercial Vehicle OUTLOOK. In the video, Kenny Vieth, President and Senior Analyst of ACT Research expounds on the rational for which indicators to select in building the Dashboard.
These metrics are broken into three categories, and include five metrics per category.
Macro & Financial
ISM Mfg PMI Index
Non-Auto Durables Mfg Output
Residential Const Expend
Dow Jones Trucking Stock Index
Cass Freight Shipment
DAT Aggregate Contract/Spot Spread
DAT Dry Van Spot Rate
ATA TL Loads/US Cl8Tractor Pop Growth Gap
Class 8 Cancellations
Class 8 I/S Ration (SA)
Class 8 Inventory Level (000 SA)
Class 8 Net Orders to Build (6mma, SA)
ACT For Hire - Volume less Capacity
The power behind this dashboard is in the predictive power for the quarters ahead, allowing OEs, suppliers, and others in the market to gain a grater sense of the future of the Class market.
ACT Research is recognized as the leading publisher of commercial vehicle truck, trailer, and bus industry data, market analysis and forecasts for the North America and China markets. ACT’s analytical services are used by all major North American truck and trailer manufacturers and their suppliers, as well as banking and investment companies. ACT Research is a contributor to the Blue Chip Economic Indicators and a member of the Wall Street Journal Economic Forecast Panel. ACT Research executives have received peer recognition, including election to the Board of Directors of the National Association for Business Economics, appointment as Consulting Economist to the National Private Truck Council, and the Lawrence R. Klein Award for Blue Chip Economic Indicators’ Most Accurate Economic Forecast over a four-year period. ACT Research senior staff members have earned accolades including Chicago Federal Reserve Automotive Outlook Symposium Best Overall Forecast, Wall Street Journal Top Economic Outlook, and USA Today Top 10 Economic Forecasters. More information can be found at www.actresearch.net.