Business Cycle Indicators

  • 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.
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