This Indicator Signals The Economy Is Slowing Down

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This Indicator Signals The Economy Is Slowing Down
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This indicator signals that the economy is slowing down:

It’s not a good sign for your health if your blood pressure drops too low. Similarly, the economy is probably sick whenYou don’t need a blood pressure gauge to know it either. Just count how many trucks you see on the highway.

US businesses responded by rushing to import as much as possible before tariffs rose even higher. Hence the Note, this wasn’t new demand. It was the same goods in the same amounts companies would have bought later on. They just bought them sooner in order to avoid tariffs.Cargo Volumes Decline The March NFIB Small Business Optimism Index showed a drop in the number of business owners who viewed inventories as too low, as well as reduced expansion plans. That may explain some of this decline.Chart: You can see trucking costs climbed like crazy from mid-2017 through the end of 2018. Now they’re reversing downward.

• We are concerned about the severe declines in international airfreight volumes and the recent swoon in railroad volumes in auto and building materials; Bottom line, the data in coming weeks will indicate whether this is merely a pause in the rate of economic expansion or the beginning of an economic contraction. If a contraction occurs, then the Cass Shipments Index will have been one of the first early indicators once again.

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