The FedEx Indicator is Flashing Warning Signs

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Have you ever heard of the FedEx indicator? Well, if you haven't sufficed it to say, it is not looking good right now as FedEx Freight is enacting furloughs as they're facing volume declines.

Not a good sign, but it's not just FedEx. Amazon is also laying off thousands of employees. Now, if you've forgotten what date it is, go ahead and check the calendar and notice that it's not January or February here after peak season.

No, it's November right now going in to peak season. This is not something that you'd want to be seeing if you're looking for signs of a strong economy.

Timecodes
0:00 Employees Laid Off as Economy Declines
2:07 FedEx Monitors Economy to Make Employee Decisions
3:24 Biggest Job Cuts Hit Amazon and Meta

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#flashingwarning #fedexindicator