There is of course no parallel whatsoever with 2007, is there? What really busts my chops on this one is that compared to last year, when shipments were experiencing a transitory real negative from the tragedy in Japan, I don't see how we can be racking up these numbers. They are more negative than they appear. June and July ought to be positives, and they are not.
Further, it does appear that we have maxed out on MV production and sales. Some dealerships seem to be having problems moving their inventory. I don't think it's going to crash, but I do think it's going to slow fractionally, which removes another lifter from the economic engines.
The last couple of weeks on MV rail stats
have been disappointing in their YoY comparisons, given the situation back then.
To see what's happening, compare these releases from the same outfit:
It should be fun to watch this progression.
One interesting trucking note that you probably didn't know, because you are not the kind of idiotic nerd that reads trucking news - our supremely wise government is paying outfits to buy electric trucks and covering the costs. Read about it here
. The next trucking revolution is in NG, which is really gearing up
. And you don't have to subsidize it to make it happen - lower fuel costs will do that for you. Eventually the consumers will benefit from lower costs.
So, while we're debating over whether we should cut $100 dollars from a monthly SS check of $982 to save money, just remember that we had enough money to cover the costs to a private company of over $100,000 to buy an electric truck instead of the alternative. Because they really, really care.