Sign of an Economic Downturn?

[Barbecueboy]

Hits from the bong^^^^^^^^^^^^^^^

[mcarter815]

700 were added to trucking payrolls in October but 1,000 were slashed in November. We should be seeing an opposite trend this time of the year for the holidays. November 2018 saw 4,100 trucking jobs added compared to the 1,000 lost this year. Freight volumes have dropped for the past 11 months and manufacturing has been contracting for the past four months.

January: 19,100 trucking payrolls added; 1,516,000 total
February: 100 added; 1,516,100 total
March: 1,200 removed; 1,514,900 total
April: 2,300 added; 1,517,200 total
May: 1,800 added; 1,519,000 total
June: 1,900 added; 1,520,900 total
July: 300 removed; 1,520,600 total
August: 5,100 removed; 1,515,500 total
September: 2,900 removed; 1,512,600 total
October: 700 added; 1,513,300 total
November: 1,000 removed; 1,512,300 total

https://www.businessinsider.com/trucking-bloodbath-truck-drivers-november-jobs-report-2019-12

[Barbecueboy]

700 were added to trucking payrolls in October but 1,000 were slashed in November. We should be seeing an opposite trend this time of the year for the holidays. November 2018 saw 4,100 trucking jobs added compared to the 1,000 lost this year. Freight volumes have dropped for the past 11 months and manufacturing has been contracting for the past four months.

January: 19,100 trucking payrolls added; 1,516,000 total
February: 100 added; 1,516,100 total
March: 1,200 removed; 1,514,900 total
April: 2,300 added; 1,517,200 total
May: 1,800 added; 1,519,000 total
June: 1,900 added; 1,520,900 total
July: 300 removed; 1,520,600 total
August: 5,100 removed; 1,515,500 total
September: 2,900 removed; 1,512,600 total
October: 700 added; 1,513,300 total
November: 1,000 removed; 1,512,300 total

https://www.businessinsider.com/truc...report-2019-12

Cool figures , what do they look like in years 2014,2015,2016,2017,2018?

Are they similar in cycularity?

[mcarter815]

Cool figures , what do they look like in years 2014,2015,2016,2017,2018?

Are they similar in cycularity?

Observation Value and 1-Month Net Change are in thousands.

https://beta.bls.gov/dataViewer/view/9a958c59d56341f2ac82528a8be41fc1

Label Observation Value 1-Month Net Change
2014 Jan 1392.3 0.3
2014 Feb 1394.4 2.1
2014 Mar 1401.0 6.6
2014 Apr 1405.8 4.8
2014 May 1411.6 5.8
2014 Jun 1416.0 4.4
2014 Jul 1420.4 4.4
2014 Aug 1423.3 2.9
2014 Sep 1429.5 6.2
2014 Oct 1435.4 5.9
2014 Nov 1435.5 0.1
2014 Dec 1442.5 7.0
2015 Jan 1445.0 2.5
2015 Feb 1449.6 4.6
2015 Mar 1444.2 -5.4
2015 Apr 1444.5 0.3
2015 May 1453.0 8.5
2015 Jun 1459.5 6.5
2015 Jul 1461.4 1.9
2015 Aug 1460.5 -0.9
2015 Sep 1457.0 -3.5
2015 Oct 1453.5 -3.5
2015 Nov 1454.4 0.9
2015 Dec 1456.0 1.6
2016 Jan 1456.3 0.3
2016 Feb 1454.3 -2.0
2016 Mar 1449.6 -4.7
2016 Apr 1448.6 -1.0
2016 May 1447.2 -1.4
2016 Jun 1443.4 -3.8
2016 Jul 1442.3 -1.1
2016 Aug 1445.1 2.8
2016 Sep 1445.3 0.2
2016 Oct 1450.1 4.8
2016 Nov 1451.4 1.3
2016 Dec 1451.4 0.0
2017 Jan 1447.4 -4.0
2017 Feb 1451.1 3.7
2017 Mar 1453.9 2.8
2017 Apr 1455.6 1.7
2017 May 1454.6 -1.0
2017 Jun 1455.0 0.4
2017 Jul 1457.4 2.4
2017 Aug 1456.5 -0.9
2017 Sep 1459.6 3.1
2017 Oct 1462.4 2.8
2017 Nov 1464.4 2.0
2017 Dec 1467.5 3.1
2018 Jan 1472.0 4.5
2018 Feb 1478.4 6.4
2018 Mar 1486.4 8.0
2018 Apr 1481.4 -5.0
2018 May 1484.8 3.4
2018 Jun 1486.5 1.7
2018 Jul 1487.7 1.2
2018 Aug 1495.3 7.6
2018 Sep 1500.9 5.6
2018 Oct 1502.6 1.7
2018 Nov 1508.3 5.7
2018 Dec 1511.6 3.3
2019 Jan 1516.0 4.4
2019 Feb 1516.5 0.5
2019 Mar 1516.0 -0.5
2019 Apr 1517.2 1.2
2019 May 1518.7 1.5
2019 Jun 1520.9 2.2
2019 Jul 1520.6 -0.3
2019 Aug 1516.6 -4.0
2019 Sep 1512.6 -4.0
2019 Oct 1513.3 0.7
2019 Nov 1512.3 -1.0

[Barbecueboy]

Observation Value and 1-Month Net Change are in thousands.

https://beta.bls.gov/dataViewer/view/9a958c59d56341f2ac82528a8be41fc1

Label Observation Value 1-Month Net Change
2014 Jan 1392.3 0.3
2014 Feb 1394.4 2.1
2014 Mar 1401.0 6.6
2014 Apr 1405.8 4.8
2014 May 1411.6 5.8
2014 Jun 1416.0 4.4
2014 Jul 1420.4 4.4
2014 Aug 1423.3 2.9
2014 Sep 1429.5 6.2
2014 Oct 1435.4 5.9
2014 Nov 1435.5 0.1
2014 Dec 1442.5 7.0
2015 Jan 1445.0 2.5
2015 Feb 1449.6 4.6
2015 Mar 1444.2 -5.4
2015 Apr 1444.5 0.3
2015 May 1453.0 8.5
2015 Jun 1459.5 6.5
2015 Jul 1461.4 1.9
2015 Aug 1460.5 -0.9
2015 Sep 1457.0 -3.5
2015 Oct 1453.5 -3.5
2015 Nov 1454.4 0.9
2015 Dec 1456.0 1.6
2016 Jan 1456.3 0.3
2016 Feb 1454.3 -2.0
2016 Mar 1449.6 -4.7
2016 Apr 1448.6 -1.0
2016 May 1447.2 -1.4
2016 Jun 1443.4 -3.8
2016 Jul 1442.3 -1.1
2016 Aug 1445.1 2.8
2016 Sep 1445.3 0.2
2016 Oct 1450.1 4.8
2016 Nov 1451.4 1.3
2016 Dec 1451.4 0.0
2017 Jan 1447.4 -4.0
2017 Feb 1451.1 3.7
2017 Mar 1453.9 2.8
2017 Apr 1455.6 1.7
2017 May 1454.6 -1.0
2017 Jun 1455.0 0.4
2017 Jul 1457.4 2.4
2017 Aug 1456.5 -0.9
2017 Sep 1459.6 3.1
2017 Oct 1462.4 2.8
2017 Nov 1464.4 2.0
2017 Dec 1467.5 3.1
2018 Jan 1472.0 4.5
2018 Feb 1478.4 6.4
2018 Mar 1486.4 8.0
2018 Apr 1481.4 -5.0
2018 May 1484.8 3.4
2018 Jun 1486.5 1.7
2018 Jul 1487.7 1.2
2018 Aug 1495.3 7.6
2018 Sep 1500.9 5.6
2018 Oct 1502.6 1.7
2018 Nov 1508.3 5.7
2018 Dec 1511.6 3.3
2019 Jan 1516.0 4.4
2019 Feb 1516.5 0.5
2019 Mar 1516.0 -0.5
2019 Apr 1517.2 1.2
2019 May 1518.7 1.5
2019 Jun 1520.9 2.2
2019 Jul 1520.6 -0.3
2019 Aug 1516.6 -4.0
2019 Sep 1512.6 -4.0
2019 Oct 1513.3 0.7
2019 Nov 1512.3 -1.0

Thanks.....kind of figured it would look something like that.

[ZERO25]

Thanks.....kind of figured it would look something like that.

Where is the move over flag when you need it?????


Im waving the yellow on mcfarter!

My daughter works in mgmt. for Amazon. They're having a record holiday season...….guess how they receive their packages?

[Barbecueboy]

I'm figuring what they( SS,kid ) are seeing is streamlining go to market strategy and it just simply takes less 18 wheel transport to take it all to main hubs and mail it, or farm if out to the post offices or delivery services in mini vans and box trucks.....somebody look up stats on those guys and see if any of them are closing up shop.

18 wheel transport( or over the road) will always be around for the grunt work ....but better ways are here and more are coming.

But let's face it and let's consider the source , if your looking to trash trump in some way, why not parrot future economic downturn (like that's not bound to happen anyway)and truckers going out of business by the truckload.........somebody somewhere will blindly believe it.

right?

[ZERO25]

I'm figuring what they( SS,kid ) are seeing is streamlining go to market strategy and it just simply takes less 18 wheel transport to take it all to main hubs and mail it, or farm if out to the post offices or delivery services in mini vans and box trucks.....somebody look up stats on those guys and see if any of them are closing up shop.

18 wheel transport( or over the road) will always be around for the grunt work ....but better ways are here and more are coming.

But let's face it and let's consider the source , if your looking to trash trump in some way, why not parrot future economic downturn (like that's not bound to happen anyway)and truckers going out of business by the truckload.........somebody somewhere will blindly believe it.

right?

I just look at their sources...…...then I know its no use to read any farther!

It must be a sad life to spend so much time, searching for negative articles about someone you despise!

[Barbecueboy]

I'm all for looking at and reading about anything someone presents ....sometimes they don't like it.

[kidrock]

I'm all for looking at and reading about anything someone presents ....sometimes they don't like it.

You better watch it that kid might come up and put another can of whoop --- on you. He said he might bring his sister with him next time lol

[mcarter815]

Im waving the yellow on mcfarter!

My daughter works in mgmt. for Amazon. They're having a record holiday season...….guess how they receive their packages?

Amazon doesn't rely much on long haul trucking. They have fulfillment centers around the country to shorten delivery time and rely more on air freight than on trucking. The small independent trucking companies around here are busy because of a pipeline issue causing an LP shortage so it's needing to be trucked in. Now that we are starting to get enough LP farmers are finally combining the corn and hauling it to the dryers. Commodity trucking should be shielded for now. The losses in trucking payrolls appear to be tied to a slowdown in manufacturing.

[balljoint]

Donald Trump eligible for third term.

Trump 2024

[50j]

If anything has slowed down it's probably just a result of the horrifying idea that any of the people on the stage during the debates could actually get in. If our President is re-elected confidence will be restored and things will continue to improve in our country. Look at how the economy took off right away when he won it.

[dirtMAN007]

Donald Trump eligible for third term.

Trump 2024

Is that a question or a statement ? They could add that as a referendum on the 2020 ballot ! Wouldn’t that cause the oceans to rise from all the snowflakes melting down !!!

[dirtMAN007]

If anything has slowed down it's probably just a result of the horrifying idea that any of the people on the stage during the debates could actually get in. If our President is re-elected confidence will be restored and things will continue to improve in our country. Look at how the economy took off right away when he won it.

Completely opposite of what the people who are now engaged in this impeachment thing said was going to happen .............and they wonder why ? (Sorry bbq I had to )