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The Waterways Council's annual symposium, held November 14-16 in Chicago, featured economist Allen Sinai forecasting continued US economic expansion driven by consumer spending, business investment and government spending. Sinai projected growth near 3.5 percent and said the expansion could become the longest in US history.
A strong macro outlook supports domestic demand and freight volumes, but barge rates and tariff uncertainty still weigh on river transport economics for grain buyers.
waterwaysjournal.netDavid MurrayNov 21, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
