Ten key trends to watch for in 2013

1. The fiscal crisis may determine the level of the economic recovery in 2013    America is facing a number of economic headwinds (e.g. high unemployment and underemployment, mismatch between job skills required/positions available) and tailwinds (e.g. possible rebound in the housing sector, potential revival of domestic manufacturing, boom in energy production, improving household balance sheets). Should America’s leadership come to a good understanding on tax increases and spending cuts, this will place the United States and probably Canada on a more solid path to an economic recovery, even if 2013 is not expected to be a year of robust growth. This will help shippers and carriers in all sectors of the economy. Failure to reach agreement, will put a damper on discretionary spending, consumer confidence and possibly shove North America and much of the world into recession.

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