The stock market is up but retail and consumers spending money seems to be way down than years past.
Hows your first quarter going slow,steady or busy.
Discussion in 'Ask An Owner Operator' started by Mudflaps, Feb 17, 2017.
Page 1 of 2
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
I concurr on the consumer spending....I see it in my shop #'s so far...
I bet the campaign fatigue wore into deep tissue of consumer muscle....and the current noise from winners is not helping...its still having psychological fatigue on the general consumer.
Also, remember, tax season "cash-back" has not kicked in either....give it a few more weeks.
Finally, I heard that factory orders are trending up, which means more finished goods shipments to warehouses. Trucking wise, thats a good thing....and the end consumer spending will just pull the inventories thru the pipelines -
This is my first "first" quarter with a loadboard exposure and I don't know any better. The Loadboards show some loads to pick every day. However, the old foxes are saying these loads are cheap and insulting or whatever, and I want to be an old fox too, so I am staying in my foxhole waiting for their signal to jump out.
Big_D409 Thanks this. -
Commercial furniture very slow this past month, everyone I talk to is down.
Looking for it to pick up next month.Big_D409 Thanks this. -
Stock market UP because...
- investors are snapping up stocks (which pushes unit price & volume up) in anticipation of payback via EITHER dividends ...... OR...... capital gains (buy "low"...sell "high").....and hope the Trump-effect will lead to increased production levels
- Investors (usually Institutional) have money sitting "IDLE" ready to be put to work
Consumer spending down because...
- people still broke from christmas shopping
- campaign fatigue
- tax refunds not released yet
- TYPICAL AMERICAN does not have "IDLE" money sitting around...
ramblingman and bigkev1115 Thank this. -
Cheap and slow
-
Worst 3 month span I've had since '02. But my bills are current and we ate tonight. Praise God.
Runs with scissors, Tropsnart, nikmirbre and 11 others Thank this. -
It's as bad as last year, nothing surprising. In March it will start picking up and in June it will be fine as usual.
-
Same as last year, but I could be way up if I didn't switch companies for a dedicated run. (I get slammed and then nothing) Most guys I know in tanking are killing it right now. I've got a good friend clearing $4,000/week since December, except Christmas.
(It also helps to have the equipment, others at the same company are only clearing $2,500-$2,800 because they won't invest in or are scared of the equipment) -
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 1 of 2