Production of goods and their transport to market should generally move in unison. A month ago I took an extended look at why most analyses of transportation were too bearish. This is of heightened interest because the coincident data on production, sales, and income are all so close to recessionary levels.
Well, we have another month of data, so it’s time for an updated look. This post is up at Seeking Alpha. As usual, clicking over and reading puts a penny or two in my pocket.