About That Booming Economy

 

California Mega-Port volumes are negative thus far this year, the longest stretch since the Industrial and Great Recessions; echoing the weakness, Cass Freight Shipment Volumes are down 4.5% versus last year.

While the Bloomberg consensus calls for a modest export expansion in the third and fourth quarters of this year, freight volumes suggest otherwise; in August, ISM and IHS Markit export indices fell to levels not seen since 2009, corroborating the freight data.

3 thoughts on “About That Booming Economy”

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      I made the decision to disable comments across my entire channel when YouTube informed content creators they would use how the community “interacted” in a channel’s comment section when determining whether to issue strikes, suspend or delete a channel entirely.
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