Economy, commercial vehicle demand in line with 2012 forecasts: ACT

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COLUMBUS, Ind. — ACT Research says both the economy and commercial vehicle demands are in line with its forecasts in the latest issue of the ACT North American Commercial Vehicle Outlook.

“The US economy is in much better shape than it was at the start of the Great Recession, not only from the perspective of continued growth, but also in its ability to weather shocks,” said Kenny Vieth, ACT’s president and senior analyst. “Industry backlogs are large, and we remain comfortable with our 2012 forecast.”

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