Akcieatrhy (Akcieatrhy.cz)
Markets  |  October 04, 2012 10:22:09

It is possible to approach the American recession? According to FedEx, yes.



“Akcieatrhy.cz“

Bloomberg economist Rich Yamarone recently published a chart ( Graphic design ), the starters for the next period a sad outlook for the U.S. economy. But how actually relate transported parcels and development of the economy?

The following graph shows how the number of connected companies FedEx shipments transported with GDP growth. We see that the number of consignments correlates with the development of the economy and it can be inferred from the current downturn decline in GDP growth.

Federal Express in its forecast earnings for 2013 significantly lowered the profit outlook. It is the largest company in the U.S., which operates air cargo and pointed to lower outlook for 2013 of 0.5%. According to the Board of infected outlook firm political decisions, whether in the U.S., Europe or China. These decisions have a significant impact on total world trade. Thus, in his statement, responded Fred Smith, CEO. Air transport is currently much more competing companies that shipments implement land. Here we can see a significant increase contrast and turnover by 7.9% to $ 2.46 billion.

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