Some more pesticides for the second derivative brigade. Data released from Cass Information Systems indices for tracking heavy freight shipments and expenditures, indicates that after a bit of a recovery recently, both metrics have reverted to their prior southern direction.
Presumably soon the CNBC crowd may be forced to start looking at improvements in 3rd derivatives.
Expenditures Index:
Freight Index:
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Tuesday, May 5, 2009
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