UPS Cuts Full-Year Forecast on Slowing Economy

The transports are always a good indicator of where the economy may be heading, and the fact the UPS (United Parcel Service) has cut their forecast and is possibly laying off people is not a good indicator.

This usually means that companies/business and people worldwide are buying less which reflects in less goods being shipped. All a sign of a slowing economy.

by Das Brain

This entry was posted on Wednesday, July 25th, 2012 at 11:22 am and is filed under Economy, Personal Finance, Spending, Videos. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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