Miracle Turnaround? The US Industrial Economy Is Now Booming DESPITE High Oil Prices | Craig Fuller

About this episode

Craig Fuller discusses the recent turnaround in the US industrial economy and the freight industry despite high oil prices.

The freight industry has long been thought of the circulatory system of the economy.It's how the things bought & sold through commerce get from point A to point B in the real world. And when today's guest last appeared on this channel back in November, he warned that freight volumes had fallen dramatically due to tariff uncertainty and economic sluggishness. A recession in the economy of "real things" looked imminent.But...the situation now seems to be experiencing a sharp and welcome turnaround. Freight volumes are up. And US manufacturing is on course to enjoy one of the best markets in years.What's responsible for this happy development? How sustainable does it look to be? Could the ramifications of the war in Iran and the resulting oil price shock derail this recovery?To discuss, we're fortunate to welcome back to the program Craig Fuller of Freightwaves, a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain. WANT PROFESSIONAL HELP? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com#economy…

People in this episode

Host: Adam Taggart

Guest: Craig Fuller

Topics covered

• US industrial economy
• freight industry
• manufacturing
• oil prices
• economic recovery

Keywords

• freight volumes
• US manufacturing
• economic recovery
• oil price shock
• supply chain

Sponsors

Thoughtful Money

Mentioned in this episode

Organizations: Freightwaves

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