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Leading Indicator: Volume of Mail?

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A very interesting post at Odd Numbers (Portfolio.com) 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.

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Written by walonline

June 20, 2008 at 4:11 pm

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