The American economy is still flexible, and the demand for consumers is strong

Union Pacific (UNPCEO Jim Vina says the US economy is still flexible – even if some cracks begin to appear.

“The consumer, from everything we see, is strong at this stage,” Yahoo Weiss told us at the Ford Professional Conference in Detroit, Michigan.

Click on whether the slowdown is ongoing, Vena admitted weakness in parts of the economy, but stressed a wider power.

“In specific slides, there, you can see it,” he said. “But in other parts, it really moves well.” He pointed out that some of these sectors include homes, which are not sold at the rate they were before.

When asked to employ challenges – a common refusal of executives across industries – pushed Vena back.

“Because of the type of jobs we have, we have no problem to attract people,” he said. “We are attracting people who want to work as they are not directed all the time by the supervisor.”

Vena added that Union Pacific rented “in all fields”, from the engineers of the locomotive, connectors, technicians, and even lawyers. He said that the veterans constitute 18 % of its working power.

The Omaha Railways Company is employing more than 32,000 people. Vena, who was running the trains himself, says strong employment reflects the advantages of competitive compensation and how the company deals with its employees.

Separately, the Trump’s tariff and tariff policies have developed in us to enhance local manufacturing as a clear positive. “If you can have more Americans who work with more options and more products made in the United States of America, this is great for the economy, it is great for workers, and it will attract more people who do not work, and that today they are not part of the workforce.”

He added that there is still room for the American worker to grow.

Vena also highlighted technology as a major productivity engine through the railway industry. “You should always look for how to become more productive using technology,” he said, noting that innovation in America is as the driving force behind companies’ progress.

Not everyone shares optimism in us. Jonathan Chapheel, Evercore ISI analyst, has written that although the Union Pacific network works well, industry profits face pressure from enlarged costs and weakest sizes.

He wrote: “The third volumes did not depend on the proper direction line 1H,” adding that the profit expectations throughout the sector have become “more vocal.”