Saturday, August 13, 2016 10:00 PM EST
Truck shipments continue to dive. Shipments in June of 2016 are down vs. June of 2015, 2014, 2013, 2012, 2011, and almost but not quite 2010.
Here’s a chart I created from Cass Freight Index data.
A tip of the hat for reader Tim Wallace (and to Cass Information Systems) for the spreadsheet from which I created the chart.
Disclaimer: The content on Mish's Global Economic Trend Analysis site is provided as general information only and should not be taken as investment ...
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Disclaimer: The content on Mish's Global Economic Trend Analysis site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
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Nice chart, but what does it mean? Are goods not moving, or are they just moving by air etc? Would like to see a relationship to the price of gas.