FAST FIVE: In The US, A Transportation Recession Has Already Officially Arrived
And other numbers confirm what the Cass Freight Index is telling us. For example, ACT Research says that the trucking industry is officially in a recession after “two consecutive quarters of negative growth”- The trucking industry is officially in a recession, according to data tracked by ACT Research.
“Every freight metric we look at has been negative for at least six months,” he said.
On the other side, President Trump and his team are going to try to make things seem as rosy as possible between now and election day.
We want an incentive-oriented supply-side economy, providing opportunities for everybody across the board.” In the end, it really isn't going to matter who is in the White House. What is coming to America is going to be extremely painful, and we are about to reap the consequences for decades of incredibly foolish decisions.
The truth is always going to be the truth, and in our case the truth is not pretty.