Truckometer heads north and south
Different directions for heavy and light traffic show mixed economic signals.
Nevil Gibson
Tue, 12 Mar 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The ANZ Truckometer, which charts the flow of goods vehicles and light traffic, went in different directions during February.
The Heavy Traffic Index rose 0.4% from January but the Light Traffic Index fell 1.3%.
As economic indicators of GDP growth, the amount of heavy traffic suggests a
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Nevil Gibson
Tue, 12 Mar 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.