Truckers as Leading Indicator Show Stable U.S. Economic Growth – Bloomberg 06-13-12

Rising truck shipments show economic expansion is intact. The for-hire truck-tonnage index shows 29 months of growth – the economy has never contracted without tonnage turning negative first. The FTR’s index of U.S. truck loadings increase in April from a year earlier, the highest since 2008, shows the economy is expanding.

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