Comments on: TRUCK TONNAGE FALLS 2.4% IN JUNE http://pragcap.com/truck-tonnage-falls-24-in-june Sat, 26 May 2012 12:39:47 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Rob http://pragcap.com/truck-tonnage-falls-24-in-june/comment-page-1#comment-3651 Rob Tue, 28 Jul 2009 05:35:12 +0000 http://pragcap.com/?p=6854#comment-3651 There is a clear downward sloping trend which very much appears to mirror the development in the stock market up until very recently. First down from the late 2007 highs. Brief recovery in May to July 2008. Quickening downtrend until the October/November cliff diving. Rebound into January, then down to a lower low. Small rebound to lower high (divergence from stock market begins) and then back down not yet to a new low. Also, it looks like Q1 2009 was about 12%-13% below Q1 2008. Q2 2009 looks to be about 12.5% below Q2 2008. Very similar pattern to corporate sales (excluding financials). There is a clear downward sloping trend which very much appears to mirror the development in the stock market up until very recently.

First down from the late 2007 highs. Brief recovery in May to July 2008. Quickening downtrend until the October/November cliff diving. Rebound into January, then down to a lower low. Small rebound to lower high (divergence from stock market begins) and then back down not yet to a new low.

Also, it looks like Q1 2009 was about 12%-13% below Q1 2008. Q2 2009 looks to be about 12.5% below Q2 2008. Very similar pattern to corporate sales (excluding financials).

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