From the Newshour with Jim Lehrer:
Economics correspondent Paul Solman reports on how the U.S. dollar's fluctuations impact global trade.
A video follow up to Susie's post Unsold Goods Piling Up As U.S. Spending Contracts.
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http://www.bloomberg.com/apps/cbuilder?ticker...
Chart over last 12 months. It goes down sharply.
Considered one of the best economic indicators for future global markets, it tracks how much shipping is needed (the tiny one sentence definition). What is it? Longer version from Slate 2003. Subtitle on that link, "The best economic indicator you've never heard of."
And it's not pretty. Slightly better in Jan though, back up to 1/5 of where it usually is, and 1/10 of a good number. Which is pretty much what this video shows you by showing you all the currently unused capacity (since demand is 1/5 to 1/10 of what it was).
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