What the Layoffs at Ford’s Medium-Duty Truck Plant Mean

What the Layoffs at Ford’s Medium-Duty Truck Plant Mean:

Demand from businesses in the real economy is slumping.

These particular layoffs aren’t happening because consumers are strung out and have trouble getting financing or are switching down to used vehicles or whatever. They’re happening because demand from commercial customers that ply their trade in the real economy is slumping.

H/t reader squodgy:

“Truth from the heart.”

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