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"Tonnage levels continue to point to an economy that is growing, not sliding into a recession,"...

"Tonnage levels continue to point to an economy that is growing, not sliding into a recession," the American Trucking Association says as November data shows truck tonnage rising 6% Y/Y. Shares of truck manufacturer Wabash (WNC +10.1%) jump; truck builder Oshkosh (OSK +2.4%) and parts maker Wabco (WBC +5%) also rally.
Comments (6)
  • Windsun33
    , contributor
    Comments (4254) | Send Message
     
    If so, seems like rail stocks would also be going up, but can't find much current info.
    22 Dec 2011, 04:05 PM Reply Like
  • Terry330
    , contributor
    Comments (866) | Send Message
     
    US economy is growing, strong leadership from White House.
    22 Dec 2011, 04:10 PM Reply Like
  • Windsun33
    , contributor
    Comments (4254) | Send Message
     
    It may or not be growing, but one thing for sure is that there was neither "strong" nor "leadership" from the WH.

     

    Not that the prez has much real influence on the economy anyway.
    22 Dec 2011, 09:11 PM Reply Like
  • The Patriot
    , contributor
    Comments (320) | Send Message
     
    Ive keep a close eye on the Norfolk Southern line that passes by the house. No doubt about it, rail cars have increased from a low of 25-30 cars twice a day to around 75, sometimes 4 times a day. Lots of container cars headed to and from the port (Savannah, Ga) chemicals,grains, and forest products make up the majority of cars.
    Im actually looking for the numbers to drop. I think the China slowdown has yet to be felt.
    Terry, have you ever considered doing a comic strip ??
    22 Dec 2011, 04:44 PM Reply Like
  • Windsun33
    , contributor
    Comments (4254) | Send Message
     
    Interesting... In my own experience over the past month or two, I have noticed that some stores, like (HD) and (BBY) seem to have a lot more traffic than last year. And as a side note - while refurbishing my own home, 3 out of 4 of the major appliances I ordered are backordered until mid January. Also in my own neighborhood I now see an almost total absence of low to mid range homes for sale, vs. dozens just a year ago.
    22 Dec 2011, 09:16 PM Reply Like
  • The Patriot
    , contributor
    Comments (320) | Send Message
     
    No one carries inventory anymore. I have noticed the same during my remodel. The homes in my neighborhood over the last year had around 6-8 sales. The homes took at least a year to sell and had to go under major upgrades to sell. There are some good deals out there but not that many buyers. Boomers are out of the market for the most part.
    22 Dec 2011, 09:41 PM Reply Like
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