In August, domestic heavy-truck sales fell 29 percent from the same period of 2015, the weakest month in well over three years.
Any drop that dramatic could always be an anomaly, but heavy-truck sales have been slipping for two years.
Brian Wesbury, chief economist at First Trust, says August's plunge could reflect comparatively narrow economic problems like reduced domestic oil production and slackening mining activity.
In August, Cass noted that its Expenditure Index was down 3.3 percent from July and 6.3 percent from the previous August.
"August's Cass Freight Index continued to signal that overall shipment volumes are persistently weak, with increased levels of volatility as all levels of the supply chain continue to try and word down inventory levels," Cass said in its latest report.
Weak truck sales have sometimes given false signals about a recession over the last 30-odd years.
It claimed to offer a secure platform and expert help in trading virtual currencies incuding Bitcoin, Ethereum, Ripple, Dash and others, promising “highest yields in the market”. First Trust Advisors Chief Economist Brian Wesbury discusses his outlook for bitcoin. Bitcoin is a speculative corner of the market. To get a better understanding of it read this article by Brian Wesbury in the WSJ: Right now, total cash and deposits in the U.S. banking system (the M2 money supply), is roughly $11 trillion. Assuming 21 million Bitcoins are mined and they become an accepted currency, […] By Brian Wesbury. Dec. 15, 2013 6:33 pm ET In the 1930s, when the Federal Reserve let the money supply contract, there was a true shortage of currency. At least 150 communities experimented with ... Brian Wesbury Chief Economist. Blog: FINRA's BrokerCheck Check the background of First Trust using FINRA's BrokerCheck. Factoid of the Day: Friday, October 23, 2020: A study by Travis Credit Union found that the average American currently carries only $46.29 in cash, according to its own release. The three biggest reasons given for carrying cash is to cover small purchases, have it in case of ...
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The Value Revolution: How Blockchain Will Change Money & the World Galia Benartzi TEDxWhiteCity . by TEDx Talks. 10:35. The real truth about the 2008 financial crisis Brian Der Wert der umstrittenen Digitalwährung Bitcoin stürzt weiter ab. Am Mittwoch fiel der Kurs auf wichtigen Handelsplattformen wie Bitfinex unter 10 000 US-Dollar. Diese Woche hat der Bitcoin ... First Trust Advisors Chief Economist Brian Wesbury discusses his outlook for bitcoin. For the first time in decades, it's hard to ignore the threat of nuclear war. But as long as you're far from the blast, you're safe, right? Wrong. In this so... Bitcoin Cryptocurrency Crash Course with Andreas Antonopoulos ... The real truth about the 2008 financial crisis Brian S. Wesbury TEDxCountyLineRoad - Duration: 19:26. TEDx Talks 2,540,628 ...