The economic forecast for the second half of this year will likely be revised downward as a result of more severe, longer-lasting supply chain disruptions than originally expected. Besides chassis availability, work truck industry companies are facing other issues, including price spikes in steel and aluminum product markets. Most disruptions are anticipated to be resolved by second-half 2022, but downside risks remain, including continued COVID-related plant/port
slowdowns. Read more from Steve Latin-Kasper, NTEA senior director of market data and research.
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