FTR Expert Steve Graham takes a look at how close we are to a recession and whether we could avoid it entirely.
FTR Expert Steve Graham weighs in on how things look economically as we reach the halfway point of 2022.
If economists and central bankers had a “Public Enemy” category, like INTERPOL or the FBI do, inflation would undoubtedly be elected the No. 1 enemy of the people.
The U.S. economy adds 678,000 payroll jobs in February.
•Crude, diesel prices soar in the wake of the war in Ukraine.
•Retail inventories see another solid increase.
•The surge in new trucking companies continues in February.
•Volatility is the order of the day for rail volumes.
It is widely known that there is a shortage of semiconductors on a global scale that is affecting production in a host of industries. Goldman Sachs says 169 industries are affected by the crunch. The poster child for the shortage seems to be the global auto manufacturing industry, where lost production affects tens of thousands of workers and a great deal of lost revenue.