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Leading Indicator: Volume of Mail?

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A very interesting post at Odd Numbers ( compiles reports from FedEx and UPS’s and shows how much those have dropped in the instance of recession. The numbers from the recession around 2002 show a significant drop. FedEx just announced a pretty stiff fourth quarter loss. Is this adding to the body indicators pointing to a recession?

Have a look at the post for the charts and further analysis to decide for yourself.


Written by walonline

June 20, 2008 at 4:11 pm

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