What are market indicators used in commercial vehicle forecasting?
Market indicators are used in technical analysis to forecast market trends. Market indicators are ratios and formulas that explain current gains and losses in a given market.
Commercial vehicle market indicators measure purchasing, production, inventory, and sales activity. Read together, they help manufacturers, suppliers, fleets, dealers, and finance teams understand current conditions and evaluate changes in the equipment cycle.
ACT Research analyzes orders, cancellations, backlog, build, inventory, and retail sales alongside freight demand, carrier profitability, and used truck values. These relationships help distinguish replacement demand from fleet expansion and explain why one month’s movement may not signal a lasting change.
Relevant North American OEMs provide market data directly to ACT each month. ACT does not rely on vehicle-registration data for this OEM market work.
Core commercial vehicle market indicators include:
For definitions, an indicator comparison table, and guidance on interpreting changes in Class 8 demand, explore ACT’s Commercial Vehicle Market Indicators.