Implode-o-Meter News - And Now Trucking Is Suddenly Slowing Down

Among businesses, over-ordering and tepid sales caused inventories to rise and the inventory-to-sales ratio to spike to Financial Crisis proportions. And now businesses are trying to bring them down by trimming orders because they're having trouble selling more to the middle class, the over-indebted modern proletariat whose stagnant incomes are being eaten up by skyrocketing costs of housing, healthcare, college, and the like -- and they simply can't spend that much on shippable items. And now this is ricocheting through the industry...
Trucking is a thermometer for the merchandise economy. It doesn't track consumer expenses like rent or college. But it tracks exports and imports, manufacturing, distribution, retail, and other sectors. It tracks a big part of the real economy. And the sudden slowdown in the trucking industry is another wildly flashing signal in our recession watch.

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And Now Trucking Is Suddenly Slowing Down