5/21/13

Air Cargo Volume Growth, Industrial Production, Chemical Volume Growth and Rail Traffic

http://macronomy.blogspot.com/2013/05/air-traffic-is-pointing-to-additional.html

http://macronomy.blogspot.com/2013/05/air-traffic-is-pointing-to-additional.html

"Over the past 13 years’ monthly data, there has been an 84% correlation between air cargo volume growth and global industrial production (IP) growth, with an air cargo lead of one to two months (second graph). In turn, this has translated into a clear relationship between air cargo and chemical industry volume growth" Nomura

Air Cargo and Rail Volume = Leading Indicators of Economic Growth

http://pragcap.com/rail-traffic-continues-to-soften-2

No comments: