Economy
Related: About this forumEarly warning signal of possible recession: Fewer goods are being shipped across the country.
George Conway RetweetedHere's another early warning signal of possible recession: Fewer goods are being shipped across the country.
Link to tweet
elleng
(130,964 posts)Iliyah
(25,111 posts)The 1-2%ers don't feel the raise in prices like I do, but shit, cost is going upward. My bills interest rates are up as well and a friends of mine's SSI was over a hundred dollars short (could have been the cost for Medicare) since she is turning 65 in August.
Freethinker65
(10,023 posts)Chicago suburb
ProudMNDemocrat
(16,786 posts)Going to and coming home from the Twin Cities this past weekend, I did not see many 18 wheelers on Hwy 52 in either direction. The Trade Tariffs are hurting Trucking firms, causing increased prices on appliances, commodities, etc.
Does Trump care? Apprarently not.
Iliyah
(25,111 posts)Wellstone ruled
(34,661 posts)Trucker Family Members,things coming out of Cali have slowed way down,still loads going in but your turn around time catching a load coming back has stretched from hours to days.
BTW,even the Containers via Rail have dropped in volume . West bound Containers are for the most part empty.
Auggie
(31,173 posts)progree
(10,908 posts)Last edited Fri Jul 26, 2019, 08:57 AM - Edit history (1)
jobs jobs jobs -- the BLS jobs report
Job growth has already slowed down in 2019 so far.
https://www.democraticunderground.com/111685907
And yes yes, the unemployment rate is at about 50 year lows, but note that the prime age (25-54) labor force participation rate is below the pre-Great Recession average, going back to about 1987.
https://www.democraticunderground.com/?com=view_post&forum=1002&pid=12256909
Stock market (S&P 500): only up 4.6% over the past year and a half (since the Jan 26, 2018 close of 2873).
Farmer-Rick
(10,184 posts)I use to hear a train 2 to 3 times a day. The railroad tracks are about 3 miles from my farm. You get use to the far off sound of the train, but my new dog started barking at the sound so I've noticed it during the last 4 months.
Now I rarely hear it even once a day. I'd say I hear it maybe 4 times a week. My dog has settled down and stopped barking at everything, I kind of miss the distant sound of the passing train.