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Supply
Chain by the Numbers |
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- August 26 , 2011
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Green Energy Jobs Lacking; China Overtakes US in PCs; Freight Tonnage Slow Growth for a Decade; Goods News for Capital Goods Spending
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14% |
The increase in freight tonnage currently being moved in the US versus te year 2000, based on the just released monthly ATA tonnage report. That index declined in July, down to a level of 114, with freight moved in 2000 serving as the the index baseline. That would mean that cumulative growth in freight tonnage over those 11 years has averaged well under 1%. Amazing. Quick, someone with a calculator figure out that exact number for us!
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In a year of conflcting economic numbers, the rise in durables goods orders (equipment, appliances, computers, transportation equipment, etc.) on a year to date basis through July, according to numbers from the Commerce Dept. this week. Orders for non-defense capital goods were up 2.4% in July, and a robust 12.9% year to date, showing companies are making investments.
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