23 Sample Company LLC Sample Company LLC BUSINESS PLAN setting up perfect conditions for consumer spending to remain elevated throughout the whole of 2022. In 2021 American residents spent around $15.4 trillion on durable and nondurable goods and services. This is more than half a trillion less than last year. Americans realized the pent-up demand caused by restrictions due to the coronavirus's spread. In recent years, the trucking industry has faced a shortage of drivers. American Trucking Associations testifies that the shortage of drivers is growing by about 10,000 each year. Because of the high demand, driver compensation is correspondingly very high. The statistics show the results of a survey among US trucking companies in 2021 asking the industry representatives about the most significant challenges for them in the trucking market (Fig. 16). The data presented shows that only 9% of truckers identified competition as a problem. This means that the Company is entering a reasonably free market. During the survey, 85 percent of respondents mentioned driverrelated costs as one of the most significant challenges in the US trucking industry However, in 2020, due to the Coronavirus pandemic in America, unemployment rates increased significantly. In 2020, the US unemployment rate more than doubled from 2019 to 8.1%. F i g u r e S E Q F i g u r e \ * A R A B Figure 14 Greatest challenges for truckerts in the trucking market in the United States in 2021
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