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Both Baird Report and ATA Truck Tonnage Index show rise in November. Though ATA anticipates uneven road to recovery, Baird expects slow but steady growth.
Marcus & Millichap forecast says it will take two more quarters to determine long-term trend. Newer assets in former high-growth areas experience the greatest loss in value.
North American companies will spend 2.7% less on industrial project construction next year. But the amount spent on capital and maintenance projects will rise slightly.
November index from Institute for Supply Management falls to 53.6% from 55.7% in October. Flow of goods is not expected to increase significantly in near future.
Though year-over-year numbers continue to show declines, analysts say the overall trend appears positive. National Retail Federation predicts growth will return in February.