Cass' Case for the the Economy

Submitted by Chris Ducret on Sat, 12/07/2019 - 15:17
Chris Ducret

Cass Freight is a great way to get early warnings of what is coming in the economy. Their October report is worth a read (found here).  This is to provide a reference for when their December report comes out.  These guys are the source.  

Their headline sums it up:

Chris Ducret

11 months in a row negative volume.  It only takes 6 months in a row for to officially be a recession. Ummm.  Oh don't forget Class 8 truck orders for November collapsed 39% YoY.  Don't worry, nothing to see here.