{"id":18290,"date":"2024-02-29T11:58:44","date_gmt":"2024-02-29T16:58:44","guid":{"rendered":"https:\/\/ca.holman.com\/ca\/?p=18290"},"modified":"2025-02-04T08:54:42","modified_gmt":"2025-02-04T13:54:42","slug":"2024-ca-inflation-forecast","status":"publish","type":"post","link":"https:\/\/ca.holman.com\/ca\/resources\/2024-ca-inflation-forecast\/","title":{"rendered":"2024 CA Inflation Forecast"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span> \n\n\n\t\t\t\n\t\n\t\t\t\t<div class='resource-header-container' style=''>\n\t\t\t<div class=''><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav><\/div>\n        <div id='resource-title'><h1>2024 CA Inflation Forecast<\/h1><\/div>\n\t\t\t<aside style='max-width:298px;margin-top:62px;' id='mobile-info'>\n\t\t\t\t<div class='blog-info-box'><p class='aside-header'>Posted<\/p>\n\t\t\t\t<p class='aside-info'>February 29, 2024<\/p><\/div>\n\t\t\t\t<div class='blog-info-box'><p class='aside-header'>Type<\/p>\n\t\t\t\t<p class='aside-info'>\n\t\t\t\t\tWhitepaper\t\t\t\t<\/p><\/div>\n\t\t\t\t<div class='blog-info-box' id='social-icons'><p class='aside-header'>Share<\/p>\n\t\t\t\t\t\n\t\t\t\t<a href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/ca.holman.com\/ca\/resources\/2024-ca-inflation-forecast\/\" id=\"footer-mobile-facebook-link\" title=\"Facebook\" target=\"_blank\" class='aside-info'>\n\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/ca.holman.com\/ca\/wp-content\/themes\/holman\/assets\/images\/facebook-share.png\" alt=\"Facebook\" \/>\n\t\t\t\t\t\t\t<\/a> <!-- .item -->\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=https:\/\/ca.holman.com\/ca\/resources\/2024-ca-inflation-forecast\/\" id=\"footer-mobile-linked-link\" title=\"linkedin\" target=\"_blank\" class='aside-info'>\n\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/ca.holman.com\/ca\/wp-content\/themes\/holman\/assets\/images\/linkedin-share.png\" alt=\"LinkedIn\" \/>\n\t\t\t\t\t\t\t<\/a> <!-- .item -->\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t\t<a href=\"mailto:?subject=2024 CA Inflation Forecast&#038;body=I wanted to share this content from Holman! Check it out here: https:\/\/ca.holman.com\/ca\/resources\/2024-ca-inflation-forecast\/\" id=\"footer-mobile-email-link\" title=\"Email\" target=\"_blank\" class='aside-info'>\n\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/ca.holman.com\/ca\/wp-content\/themes\/holman\/assets\/images\/email_icon.svg\" alt=\"Email Us\" \/>\n\t\t\t\t\t\t\t<\/a> <!-- .item -->\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"\" id=\"footer-mobile-download-link\" download title=\"Download\" target=\"_blank\" class='aside-info download-link '>\n\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/ca.holman.com\/ca\/wp-content\/themes\/holman\/assets\/images\/download.png\" alt=\"Download\" \/>\n\t\t\t\t\t\t\t<\/a> <!-- .item -->\n\t\t\t\t\t\t\t<script>\n\t\t\t\t\t\t\t\tvar alpha = document.querySelector('[class=\"resource-wysiwyg\"]').id;\n\t\t\t\t\t\t\t\tvar link = document.querySelector('[class=\"aside-info download-link\"]');\n\t\t\t\t\t\t\t\tlink.href = alpha;\n\t\t\t\t\t\t\t<\/script>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t \t<\/aside>\n\t\t <hr id='info-bar'>\n\t\t<\/div>\n\t\t<span id='resource-page-description'><p>For the majority of 2023, inflation has been running red-hot, impacting virtually every aspect of fleet operations. While it has cooled slightly in recent months, inflation remains top of mind for most fleet managers and is perhaps the biggest x-factor in planning for 2024.<\/p>\n<\/span>\n\t\t<span id='aside-info-img' style='display:none;'>https:\/\/ca.holman.com\/ca\/wp-content\/uploads\/2023\/11\/fleet_card_US-2.svg<\/span>\n\t\t<span id='aside-info-link' style='display:none;'>https:\/\/www.holman.com\/ca\/fleet-management\/<\/span>\n\t\t\t\t\t\t\n<style>\n#blog-title{margin:24px 0 40px;}\n#resource-title{margin:24px 0 16px;}\n.resource-wysiwyg p{font-size:16px;}\n#blog-title h1, #resource-title h1{color:#003057;font-size:32px;font-weight:400;text-align:left;}\n#mobile-info{display:none;}\n#info-bar{display:none;}\n.aside-info{display:inline-block;}\n.aside-info a{text-decoration:none;}\n#blog-header-image{max-height:406px;width:100%;}\n#resource-page-description p{font-size:16px;}\n#resource-page-description p:last-of-type{margin-bottom:0px;font-size:16px;}\n#resource-page-description ul 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id='https:\/\/www.holman.com\/ca\/wp-content\/uploads\/2024\/03\/ca-holman-inflation-forecast-feb24.pdf'>\n       \t\t<div style='' class='ebook-overlay '>\n\t   \t\t\t<div style=\"display:flex; flex-direction:row; width:100%; justify-content:center;\" ><div class=\"df-element dvcss dvcss_e_eyJzb3VyY2UiOiJodHRwczpcL1wvd3d3LmhvbG1hbi5jb21cL2NhXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDI0XC8wM1wvY2EtaG9sbWFuLWluZmxhdGlvbi1mb3JlY2FzdC1mZWIyNC5wZGYiLCJhdXRvT3Blbk91dGxpbmUiOmZhbHNlLCJhdXRvT3BlblRodW1ibmFpbCI6ZmFsc2UsInNsdWciOiIyMDI0LWluZmxhdGlvbi1mb3JlY2FzdC1jYSIsImlkIjoxODMxOCwibGlnaHRib3giOiJidXR0b24ifQ==  \">FULL SCREEN<\/div><script class=\"df-shortcode-script\" type=\"application\/javascript\">if(window.DEARPDF && window.DEARPDF.parseElements){window.DEARPDF.parseElements();}<\/script> <a href=\"https:\/\/www.holman.com\/ca\/wp-content\/uploads\/2024\/03\/ca-holman-inflation-forecast-feb24.pdf\" class=\"holmanbtn\" style=\"margin-left:5px;\" target=\"_blank\" rel=\"noopener\">DOWNLOAD<\/a> 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#ebook-form{display:flex;flex-direction:column;justify-content:space-between;width:425px;margin:0 auto;border-top:0.5px solid rgba(0, 0, 0, 0.050);box-shadow: 1px 4px 4px 0px rgba(0, 0, 0, 0.50);text-align:center;padding:32px;z-index:9999;background-color:white;}\n#form-container-gated #ebook-form .wpcf7 label{text-align:left;font-size:10px;width:49%;font-weight:500;}\n#form-container-gated #ebook-form .wpcf7 label:nth-child(odd):last-child{width:100%;}\n#form-container-gated #ebook-form .wpcf7 input, #form-container-gated #ebook-form .wpcf7 input[type=url], #form-container-gated #ebook-form .wpcf7 input[type=email], #form-container-gated #ebook-form .wpcf7 input[type=tel], #form-container-gated #ebook-form .wpcf7 input[type=text], #form-container-gated #ebook-form .wpcf7 select, #form-container-gated #ebook-form .wpcf7 input[type=textarea][type=text]{height:32px;}\n\n#form-container-gated #ebook-form .wpcf7 .wpcf7-submit{margin:24px auto 0;}\nbody:has(.gated) a#footer-mobile-download-link{display:none;}\nbody:has(.ungated) a#footer-mobile-download-link{display:none !important;}\n.ebook-overlay.gated{width:100%;height:100%;position:relative;}\n#form-container-gated #ebook-form h2, #form-container-gated #ebook-form h3, #form-container-gated #ebook-form h4{margin-top:0px;}\n@media(max-width:600px){#form-container-gated #ebook-form{width:100%;}.ebook-overlay.gated{min-height:435px;}#form-container-gated #ebook-form .wpcf7 label{width:100%;}#form-container-gated #ebook-form .wpcf7 label:not(:first-of-type):not(:last-of-type){margin:16px 0 0;}}\n<\/style>\n\t\t\t\t\n\n\n \n\n\n\t\t\t\n\t\n\t\t\t \n\t\t<section class='holman2 blog-bullet-section'>\n\t\t\t<div class=''>\n\t\t\t<h2><\/h2>\n\t\t\t<div><p>Holman\u2019s 2024 CA Inflation Forecast report examines the current economic landscape and highlights how these factors are poised to impact your fleet through each stage of the vehicle\u2019s lifecycle \u2013 buy, drive, service, and sell \u2013 in 2024 (and beyond). Holman\u2019s Consulting Services team offers a comprehensive analysis of how inflation and other macroeconomic trends are affecting fleet expenses, providing valuable insights to the challenges faced in each stage of vehicle management, including:<\/p>\n<\/div>\n\t\t\t\t\t\t\t<div class='resource-process-bullet'>\n\t\t\t\t\t\t<div id='resource-process-icon'><img src='https:\/\/ca.holman.com\/ca\/wp-content\/uploads\/2024\/02\/holman-icons-people-partner-community.png' alt='a handshake with a green rectangle'><\/div>\n\t\t\t\t\t\t<div style='display:flex;flex-direction:column;justify-content:center;height:100%;'><h3 style='margin-top:0px;color:#003057;font-size:14px; font-weight:600;'>Buy<\/h3>\n\t\t\t\t\t\t<p style='margin-bottom:0;'>Acquiring fleet vehicles remains a challenge; while interest rates remain elevated, new vehicle prices have retreated slightly as the supply chain rebounds; take a closer look at the factors driving these market conditions so you can make informed buying decisions.<\/p><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t<div class='resource-process-bullet'>\n\t\t\t\t\t\t<div id='resource-process-icon'><img src='https:\/\/ca.holman.com\/ca\/wp-content\/uploads\/2024\/02\/holman-icons-supply-chain-shipping-industry.png' alt='a truck with a speed sign'><\/div>\n\t\t\t\t\t\t<div style='display:flex;flex-direction:column;justify-content:center;height:100%;'><h3 style='margin-top:0px;color:#003057;font-size:14px; font-weight:600;'>Drive<\/h3>\n\t\t\t\t\t\t<p style='margin-bottom:0;'>Fuel prices have stabilized in recent months but as we know, a wide range of factors influence prices, and these variables can shift quickly; get the latest forecast on these catalysts so you can budget accordingly.<\/p><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t<div class='resource-process-bullet'>\n\t\t\t\t\t\t<div id='resource-process-icon'><img src='https:\/\/ca.holman.com\/ca\/wp-content\/uploads\/2024\/02\/holman-icons-maintenance-maintenance-2.png' alt='a blue and green symbol with tools'><\/div>\n\t\t\t\t\t\t<div style='display:flex;flex-direction:column;justify-content:center;height:100%;'><h3 style='margin-top:0px;color:#003057;font-size:14px; font-weight:600;'>Service<\/h3>\n\t\t\t\t\t\t<p style='margin-bottom:0;'>Parts shortages and labor uncertainty have propelled maintenance costs to near record levels; with these costs expected to remain high for the foreseeable future, learn how you can mitigate rising expenses to better control your operating budget.<\/p><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t<div class='resource-process-bullet'>\n\t\t\t\t\t\t<div id='resource-process-icon'><img src='https:\/\/ca.holman.com\/ca\/wp-content\/uploads\/2024\/02\/holman-icons-primarybluegreen-what-we-do-strategic-ventures-investments.png' alt='a piggy bank with coins'><\/div>\n\t\t\t\t\t\t<div style='display:flex;flex-direction:column;justify-content:center;height:100%;'><h3 style='margin-top:0px;color:#003057;font-size:14px; font-weight:600;'>Sell<\/h3>\n\t\t\t\t\t\t<p style='margin-bottom:0;'>While recent labor agreements may lead to a decline in wholesale used vehicle pricing, short-term volatility in the used market is expected to continue. Learn to navigate these supply and pricing fluctuations for better replacement planning.<\/p><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\n\t\t\t\n<style>\nsection.resource-bullet-point{margin:20px 0 0;padding:0;}\nsection.holman2.blog-bullet-section{padding:20px 0;}\nsection.holman2.blog-bullet-section h2{margin-bottom:16px;font-size:20px;font-weight:500;}\n.resource-process-bullet{display:flex;flex-direction:row;justify-content:flex-start;align-items:center;margin:30px 0px;}\n.resource-bullet-point p{margin-bottom:16px;}\n.resource-bullet-list{margin-top:24px;padding-left:24px;}\n.resource-bullet-list li {margin:4px 0;}\n.resource-bullet-list li p{font-size:20px;font-weight:400;line-height:30px;margin-bottom:0px;color:#003057;}\n.resource-bullet-point img{padding:16px 24px;}\n.resource-bullet-point img.alignright{float:right;padding-right:0px;}\n.resource-bullet-point img.alignleft{float:left;padding-left:0px;}\n#resource-process-icon{line-height:50px;text-align:center;color:white;font-size:24px;}\n#resource-process-icon img{margin-right:24px;max-height:62px;max-width:50px;width:50px;}\n.consultation-block-container:has(.page-wysiwyg){padding-top:20px;}\n.holman2.consultation-section #page-content{width:50%;display:flex;flex-direction:column;}\n.process-image{max-width:45%;}\n.process-image img{border-bottom-left-radius: 40px;height:100%;width:100%;}\n.consultation-section{padding:40px 5vw;}\n.holman2.consultation-section #page-content h1, .holman2.consultation-section #page-content h2{margin-bottom:16px;color:#003057;font-size:20px;line-height:40px;font-weight:600;text-align:left;}\n.holman2.consultation-section #page-content h1:not(:first-of-type),.holman2.consultation-section #page-content h2:not(:first-of-type){margin-top:32px;}\n.holman2.consultation-section #page-content .resource-process-bullet h3, .holman2.consultation-section #page-content .resource-process-bullet h4{color:#003057;font-size:14px; font-weight:600;line-height:30px;}\n.holman2.consultation-section #page-content .page-wysiwyg p{margin:8px 0 16px;font-size:14px;font-weight:400;}\n.holman2.consultation-section #page-content .resource-process-bullet p{;font-size:14px;font-weight:400;margin-bottom:0px;}\n.holman2.consultation-section .consultation-block-container .holmanbtn{background-color:#003057;margin-top:auto;margin-bottom:0;}\n.holman2.consultation-section .consultation-block-container .holmanbtn:hover {background-color: #368930; border-color: #368930;color: white;}\n.holman2.consultation-section .consultation-block-container a:last-of-type{margin-top:40px !important;}\n@media(max-width:600px){}\n<\/style>\n\n\n \n\n\n\t\t\t\n\t\n\t\t\t \n\t\t<section class='resource-wysiwyg'>\n\t\t\t        \t<p>Download Holman\u2019s 2024 CA Inflation Forecast today for the tangible advice you need to navigate today\u2019s macroeconomic conditions and position your fleet for continued success in 2024 \u2013 and beyond.<\/p>\n\t\t<\/section>\n\t\t\n\t\t\t\n<style>\n\tsection{margin:0;}\nsection.resource-wysiwyg{margin:20px 0 0;padding:0;}\nsection.resource-wysiwyg:first-of-type {margin:35px 0 0;padding:0;}\n.resource-wysiwyg p{margin-bottom:16px;font-size:16px; line-height: 24px;}\n.resource-wysiwyg h2, .resource-wysiwyg h3, .resource-wysiwyg h4{margin-top:40px;color:#003057;}\n.resource-wysiwyg h3{margin-bottom:16px;color:#003057;font-weight:500;}\n.resource-wysiwyg h4 {line-height: 24px; font-size:16px;}\n.resource-wysiwyg h5{font-size:14px;font-weight:500;margin:16px 0;}\n.resource-wysiwyg p:last-of-type{margin-bottom:0px;}\n.resource-wysiwyg img{padding:16px 24px;max-width:40%;}\n.resource-wysiwyg img.alignright{float:right;padding-right:0px;}\n.resource-wysiwyg img.alignleft{float:left;padding-left:0px;}\n.resource-wysiwyg ul{margin-left:0;padding-left:1rem;margin:16px 0;}\n.resource-wysiwyg ul li{font-size:16px;font-weight:400;}\n.resource-wysiwyg ul li::marker{color:#2C9941;font-size:20px;margin-top:5px;}\n#form-container-gated #ebook-form h2, #form-container-gated #ebook-form h3, #form-container-gated #ebook-form h4{margin-top:0px;}\n@media(max-width:600px){section.resource-wysiwyg:first-of-type{margin:16px 0 0;}.resource-wysiwyg img{max-width:50%;height:auto;padding:8px 12px;}}\n<\/style>\n","protected":false},"excerpt":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>For the majority of 2023, inflation has been running red-hot, impacting virtually every aspect of fleet operations. While it has cooled slightly in recent months, inflation remains top of mind for most fleet managers and is perhaps the biggest x-factor in planning for 2024. Holman\u2019s 2024 CA Inflation Forecast report examines the current economic landscape and highlights how these factors are poised to impact your fleet through each stage of the vehicle\u2019s lifecycle \u2013 buy, drive, service, and sell \u2013 in 2024 (and beyond).","protected":false},"author":5,"featured_media":18298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29],"tags":[99,102,133,140],"blog-type":[96],"featured":[89],"legacy":[],"class_list":["post-18290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fleet-management","tag-blogs","tag-fleet-management","tag-morning-brake","tag-whitepapers","blog-type-whitepaper","featured-no"],"acf":[],"permalink_manager":null,"_links":{"self":[{"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/posts\/18290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/comments?post=18290"}],"version-history":[{"count":18,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/posts\/18290\/revisions"}],"predecessor-version":[{"id":19024,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/posts\/18290\/revisions\/19024"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/media\/18298"}],"wp:attachment":[{"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/media?parent=18290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/categories?post=18290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/tags?post=18290"},{"taxonomy":"blog-type","embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/blog-type?post=18290"},{"taxonomy":"featured","embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/featured?post=18290"},{"taxonomy":"legacy","embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/legacy?post=18290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}