What does the bell weather for retail say about the economy?
Growth in retail B2B is driven by return volume
Decline in manufacturing volumes
All the above is a prelude to recession
Findings from ELAINE analysis:-
Key Focus:
"B2B average daily volume was down 0.5% year-over-year due to declines in manufacturing volumes, which was partially offset by growth in retail B2B driven by returns volume"
"In the third quarter, the gap between year-over-year B2C and B2B average daily volume growth rates narrowed as we lapped more normalized consumer shopping behaviors"
Abstraction: Challenge
(volume,negative,freight)
(volume,negative,forwarding)
(revenue,ooperating,profit,product)
(revenue, fuel,negative)
(revenue, negative,internal,fuel)
(revenue, dap)
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