Truck Tonnage vs. S&P 500 – April 2019 Truck Tonnage Index surged 7.4% in April after decreasing 2% in March, and +7.7% year-over-year. That’s good news. Trucks represent 70% of US freight and serve as a barometer of the U.S. economy. This chart shows how the US stock market has increased in line with the…
Truck Tonnage vs. S&P 500 2019:Q1 Trucks represent 70% of US freight and serve as a barometer of the US economy. This chart shows how the US stock market has increased in line with the physical size and expansion of the US economy (R² = 0.95 from 2002 to 2019). It’s very interesting because it…
Truck Tonnage vs. US Stock Market Trucks represent 70% of US freight and serve as a barometer of the US economy. This chart shows how the US stock market has increased in line with the physical size and expansion of the US economy. There is a very high correlation from 2002 to 2019 with an…
