That’s what says Bob Costello, Chief economist of the American Trucking Association, about the 3.6% slow down in tonnage transported by truck in November 2006 compared to October 2006 (which already recorded a 1.6 % fall). Over the year, between November 2005 and November 2006, the index decreased 8.8 % (source ATA.

Road transportation is a very accurate indicator of US economy as it represents 70% of the total tonnage of transported goods. If the decrease in tonnage was to continue over the next two months, this would clearly confirm that the US economy has entered recession. Here is how the Bureau of Labour Statistics of the US department of Labour defines the importance of truck transportation’s evolutions: “During economic downturns, the truck transportation and warehousing industry is one of the first to slow down as orders for goods and shipments decline.” (source US Department of Labor / Bureau of Labor Statistics.

More analyses on the 2007 US recession in GEAB N°10 (on subscription...

Mercredi 3 Janvier 2007

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GEAB N°65 - Contents

- Published on May 16, 2012 -

Global systemic crisis / Second half of 2012 – Convergence of four explosive factors: Banks-Stock Exchanges-Pensions-Debts
Whilst waiting for Euroland to equip itself, by the end of 2012, with a medium to long term common political, economic and social project, especially following the election of the new French president François Hollande, anticipated many months ago by LEAP/E2020, players will remain prisoners of the short-term reflexes related to the sudden Greek political tremors, the uncertainties over Euroland governance and to the risks in public debts… (page 2)
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Which languages must your child learn to be useful to him in twenty years ? Anticipation of the principal intra-European and world common languages in a 2030 timframe
Beyond its cultural interest LEAP/E2020 has created this anticipation as a tool to aid decision-making, individual (parents for the education of their children) as much as collective (public education institutions, universities, states, international businesses). Individual and joint strategies as regards language teaching are long term processes needing fundamental choices to be made almost a generation in advance… (page 11)
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Strategic and operational recommendations
. Currencies-Gold: Stay on course
. Pensions: Preserving one’s capital
. Stock Exchanges: Last exit before chaos
. Banks: Maximum distrust
. Government bonds: The trap is closing (page 21)
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The GlobalEurometre - Results & Analysis
The majority of respondents believing that their country’s major banks could go bankrupt by the end of 2012 has risen to 66% this month (versus 61% last month)… (page 23)
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