Page 18 - Market Outlook Q2 2024

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18

U.S. Economic Snapshot

TRUCK TONNAGE INDEX
Truck Tonnage Index
125.0
U.S. Truck Tonnage Index is at a current level of 113.00, down
120.0 from 115.20 last month and down from 114.40 one year ago.
This is a change of -1.91% from last month and -1.22% from
115.0
one year ago.
110.0

105.0
100.0
95.0

90.0
Jan Feb March April May June July Aug Sept Oct Nov Dec
2024 2023 2022 Vs. Baseline

Source: American Trucking Associations (seasonally adjusted truck tonnage)
for the Long Haul

INDUSTRIAL PRODUCTION INDEX
Industrial Production Index

U.S. Industrial Production Index is at a current level of 103.33,
104.0
up from 102.45 last month and up from 102.92 one year ago.
103.0 This is a change of 0.85% from last month and 0.39% from one
year ago.
102.0

101.0
100.0
99.0

98.0
Jan Feb March April May June July Aug Sept Oct Nov Dec
2024 2023 2022 Vs. Baseline

Source: Federal Reserve, G. 17 Industrial Production and Capacity Utilization

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