Weekly Economic Release Summary: Coincident Indicators Show A Slowing Economy
Written by Steven Hansen,
For the last several months, the authors of the Cass Freight Index have voiced economic concerns:
While we are still not ready to turn completely negative in our outlook, we do think it is prudent to become more alert to each additional incoming data point on freight flow volume, and are more cautious today than we have been since we began predicting the recovery of the U.S. industrial economy and the rebirth of the U.S. consumer economy in the third quarter of 2016.
Source: http://econintersect.com/pages/releases/release.php?post=201905250507
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