FLD’s QUARTERLY SENTIMENT INDEX

ONE MORE, JUST LIKE BEFORE. Perhaps owing to the fact that many fleet managers report being in a "holding pattern" the past year, FLD's Q1 Fleet Manager Sentiment Index saw little change from what our collection of top fleet managers thought in our Q4 Index. With 4 of our 7 Q1 topics scoring less than 20% different from their Q4 tallies, it's safe to say that top fleet managers aren't sure what to think these days. And with the tariffs, out of control costs - and now a war in the Mideast - it's likely the only thing fleet pros know is that they don't know anything - something we are hearing often from our CAB and other top fleet managers. Of the three remaining categories that we follow, two showed a deviation of less than half a percent from Q4 2025 to Q1 2026, with only one topic - the US Economy - moving a full half a percent (up) due largely in part to a reduction in interest rates - and milder than expected inflation - towards the end of 2025.

*Chart is rated on a scale of 1-5 with 5 being most confident. Mouse over any topic to see its specific chart.*