Courtesy of Mish.
Truck shipments continue to dive. Shipments in June of 2016 are down vs. June of 2015, 2014, 2013, 2012, 2011, and almost but not quite 2010.
Here’s a chart I created from Cass Freight Index data.
A tip of the hat from reader Tim Wallace (and to Cass Information Systems) for the spreadsheet from which I created the chart.
Mike “Mish” Shedlock
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