Does the Slowdown in Trucking Mean a Retail Slowdown Is Around the Bend? [View article]
Paul,
While it's true that trucks supply both retail and homebuilding, homebuilding is typically seasonally slow during winter. Therefore, I would say it is a safe bet that any/all of the contraction in November was retail related, rather than housing related.
Auto is not helping either, but at some point you have to conclude with housing down, autos down and retail apparently down - everything is down.
Does the Slowdown in Trucking Mean a Retail Slowdown Is Around the Bend? [View article]
While it's true that trucks supply both retail and homebuilding, homebuilding is typically seasonally slow during winter. Therefore, I would say it is a safe bet that any/all of the contraction in November was retail related, rather than housing related.
Auto is not helping either, but at some point you have to conclude with housing down, autos down and retail apparently down - everything is down.
Bill Trent