Worst cardboard-box recession since 2008 could be a sign of broader economic weakness
For many months now, a debate has been raging among experts whether the US economy is facing a recession, following the Federal Reserve's steepest interest-rate increases in four decades.
But a rather offbeat indicator has been signaling a level of economic weakness not seen since the global financial crisis of 2008-2009 – and that's the shipments of cardboard boxes.reported this week that sales of cardboard boxes fell 9.8% The Fed's aggressive interest-rate increases have curbed demand for cardboard boxes over the past year and demand may enter a prolonged slump, according to FreightWaves, a supply-chain intelligence firm. The Fed has raised benchmark rates by 500 basis points since early 2022 to tame historically high inflation.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Cost of betting against a stock-market crash is cheapest since 2008, says BofATraders who expect the stock-market to crash some time during the next year are in luck: the cost of betting against a blowup hasn't been this cheap since at...
Leer más »
S&P 500 risks 64% meltdown, says expert who called 2000, 2008 crashesA long-time market bear who called the 2000 and 2008 crashes warns the S&P 500 could plummet 64%, bursting a historic bubble
Leer más »
Every Christopher Nolan Movie Ranked From Worst to Best, Including ‘Oppenheimer’The definitive ranking of all 12 of the acclaimed director's films, including 'The Dark Knight,' 'The Prestige,' 'Tenet' and 'Dunkirk.'
Leer más »
'Worst is over': Downtown office vacancy rates showing signs of improvementSuburban office markets are continuing to show lower vacancy rates than downtown areas, despite an increase in new office supply. Read more.
Leer más »
Tigers hand Giants season-worst 6th consecutive lossTarik Skubal struck out nine while recording his first victory in more than a year and the Detroit Tigers handed the San Francisco Giants their season-worst sixth consecutive loss, 5-1.
Leer más »