How Do Transportation Trends Relate to the Economy?

There are many metrics that can provide a 30,000 foot view of the state of the economy. Home sales, employment rate, and wage growth are all common metrics used to grade the commercial health of our country. But what can the actual movement of the goods we buy tell us about the direction the economy is moving? The first quarter of 2015 saw the U.S.’s GDP fall by 0.7%. This goes hand-in-hand with the smallest year-over-year gain in the monthly truck tonnage index in over 2 years. A recent article from DC Velocityexplains what these shrinking transport numbers can mean for the nation’s economy as a whole. Read the article here.