• 11-1-24 America's Truckin' Network

  • Nov 1 2024
  • Length: 36 mins
  • Podcast

11-1-24 America's Truckin' Network

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  • Summary

  • The U.S. Commerce Department released the 3rd Quarter Gross Domestic Product report, we break it down and talk about it. The Conference Board released the consumer confidence index report, good news or bad news? Ford announces an adjustment to the Michigan factory that produces its signature electric vehicle, the F-150 Lightning plug-in pickup truck, will production increase or decrease? Oil reacts to U.S. gasoline stockpiles hitting a two year low and the potential for OPEC+ to delay a planned output increase in December. Oil traders are awaiting the outcome of the U.S. presidential election this coming Tuesday, trying to gauge the impact of a Harris or Trump administration on oil production, sanctions and prices.
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