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Trump effect? The increase in industrial output in the USA reached its highest level in four years.
In the two months following Trump's election victory, industrial output in the USA increased by 1.5%, marking the largest gain since November 2021. Due to the cold weather, industrial output in the USA rose by 0.5% month-on-month in January, exceeding the expected 0.3%, and the previous value was also revised up. However, manufacturing, which accounts for three-quarters of total industrial output, showed some weakness, declining by 0.1% month-on-month, below the expected growth of 0.1%.
ThirtyOne : I haven’t. I also have never really considered or thought about it. I definitely need to add FedEx and UPS to my list.
MonkeyGee : This is a good one. wish I caught it earlier
SpyderCall OP ThirtyOne : there are a lot of transportation/shipping companies that are solid long-term investment choices. Especially FedEx. When you think about it, transportation companies are like the life blood of a growing economy. I mean, goods and services in an economy must be transported from point A to point B. So following transportation companies are a good gauge into the health of an economy. That is why the dow jones transportation average is a good indicator of the health of the US economy.
SpyderCall OP MonkeyGee : I think there is still more time for this trade to play out.
ThirtyOne SpyderCall OP : I completely agree 100%. Definitely something I will add to my long term accounts at the right time. I’m about to look at these charts now.
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