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July’s Cass Freight Index Report points to switch from goods to services spending

July’s shipment reading—at 1.182—declined slightly annually, falling 0.4%, less than June’s 2.3% decrease, and July expenditures—at 4.499 increased 28.2% annually, while falling 3.6% compared to June.

source https://www.supplychain247.com/article/julys_cass_freight_index_report_points_to_switch_from_goods_to_services_spe

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