Carpe Diem

Truck tonnage and traffic volume continue to increase. The stories and the graphs are quite remarkable.

Talk about mixed data coming out of the economic recovery.

House prices/values officially hit a double dip low (announced May 5, 2011). Corporate earnings are up across the board (past two weeks). 1Q11 GDP growth was pathetic (1.8 percent). Railroad traffic is way up. Truck tonnage and traffic volume is way up (see links above). Record sales receipts in Orange County, Florida (link posted elsewhere). First-time jobless claims up for fourth week in a row (link posted elsewhere). Fewer Chevy Volts sold in April but that was because more were given to dealers; but GM is making them as fast as they can (link posted elsewhere). Pick and choose the data you want to follow, I guess.