- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
Changes due to Tariff-palooza! are happening very slowly. Most noteworthy this past week, rail traffic is still running ahead of rail traffic in the same week one year ago. But when we focus just on the intermodal container traffic, which is the main type coming from overseas, the growth rate of the volume - while still higher cumulatively than the first 4.5 months of 2024 - has slowed down comparatively almost every week since late March, suggesting that very slowly at least the backlog from front-running is being resolved.
As usual, clicking over and reading will bring you up to the virtual moment as to the economy, and bring me a penny or two in lunch money.
