Category Archives: The State of the Economy

AKE’S TAKE: Step Right Up and Pick Your Favorite Economic Indicator

Pick an indicator, any indicator… Flatbed Freight I recently attended a conference for flatbed fleets owners. These small business owners are extremely bullish on flatbed freight in the second half of the year. Their rosy business outlook mirrors some of the small business confidence surveys that have been reported. This is significant, because flatbed trailers… Read More »

AKE’S TAKE: Who Let the Economic Dogs Out?

The Great Recession was devastating to the U.S. economy. At its worst point, 9 million people were unemployed and the average household income fell more than 8%. In addition, the U.S. government took drastic action to prevent the financial system from collapsing. The people hurt the most by this recession were the risk-takers. There were… Read More »

Trans4Cast – Confidence Surge!

Consumer confidence as reported by the Conference Board has jumped to its highest level since December 2000. Business confidence (coming from the NFIB Small Business Optimism Index) has likewise jumped to its highest level since December 2004 and is in the high range seen during its 43 year history. Positive, Perplexing, and Worrisome Confidence A… Read More »

AKE’S TAKE: Is the Gopher Moving From Caution to Confidence?

Economic calamities result in changes in micro-economic behavior which can last for years. My grandfather had accounts at eight different banks, just in case seven of the banks failed; my grandmother dutifully recycled her aluminum foil, 25 years after the Great Depression had ended. People fear that bad times might return, which causes them to… Read More »