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Some good news? EP126 Freightonomics

FreightCasts

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The Goods Adjusted GDP and the Freight Markets

Growth of 2.5%, 2.6% doesn't show that there is significant strength right now, says John Defterios. And so we've seen times where the freight market has been hot and the overall economy has been cold or vice versa. So I believe there's a weakness showing for both. We are still seeing that consumer spending is elevated. But because we're looking at consumer conditions, they're not the best.

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