- Interestingly freight data in the US continues to be weak.
- “Both the shipments and expenditures components of the Cass Freight Index marked their lowest reading of 2019 and took another step backwards in terms of y/y growth. There is lots of hope in the stock market and the freight market for a better 2020, but the trends have yet to turn.”
- Source.
Business Cycle Indicators
![](https://i0.wp.com/snippet.finance/wp-content/uploads/2020/01/Freight-Data.png?fit=783%2C494&ssl=1)