November Stifel Logistics Confidence News

Little month-to-month change as the November Stifel Logistics Confidence Index increased only 0.1 points to 59.0. Compared to November 2013, the overall index is up 1.9 points however, this is down from the October year-over-year increase of 3.8 points as noted in last month’s analysis. Is this an indication of an economic slowdown or is it simply due to the time of year? The present situation sub-index suggests it could be related to an economic slowdown. For airfreight, November 2013 data indicates strong gains were made. The airfreight present situation sub-index increased 2.8 points to 50.9 and all lanes except US to Europe noted good increases. In comparison, for November 2014, the airfreight present situation sub-index increased 0.7 points to 54.1.