Cass Information Systems

February’s shipment reading, at 1.115, saw a 4.5% annual decrease, and February expenditures, at 3.225, were down 19.8% annually.

While this year may be a close copy of 2023 in terms of supply chain execution as it relates to e-commerce moves, forecasting is more precarious. The instability and conflict have no upside, only more disruption—which inevitably leads to service and cost impacts across the board.

January’s shipment reading, at 1.039, fell 7.6% annually, and January expenditures, at 3.102, fell 24.3% annually.

December’s shipment reading, at 1.077, was down 7.2% annually, and December expenditures, at 3.230, were off 23.7% annually.

November’s shipment reading, at 1.094, was down 8.9% annually, less steep than October’s 9.5% annual decrease, and November expenditures, at 3.331, were off 25.6% annually, topping October’s 23.3% annual decline, while falling 1.3%, from October to November.

October’s shipment reading, at 1.108, was down 9.5% annually, and October expenditures, at 3.375, fell 23.3% annually

September’s shipment reading, at 1.163, fell 6.3% annually, and September expenditures, at 3.452, were off 25.4%.

August’s shipment reading, at 1.143, fell 10.6% annually and up 1.9% compared to July, and August expenditures, at 3.459, were down 25.0% annually, in line with August’s 24.4% decline, and were up 1.1% compared to July.

July’s shipment reading—at 1.122—was down 8.9% annually and down 2.2% compared to June. July expenditures, at 3.423, were down 24.4% annually, in line with June’s 24.5% annual decline and were off 2.8% compared to June.

June’s shipment reading, at 1.147, was down 4.7% annually and down 1.6% compared to May. June expenditures, at 3.520, saw a 24.5% annual decline, steeper than May’s 15.7% decline, and were off 2.6% compared to May.

May’s shipment reading—at 1.166—was down 5.6% annually and up 1.9% compared to April. May expenditures—at 3.614—saw a 15.7% annual decline and were down 6.8% compared to April.

April’s shipment reading, at 1.144, was down 2.4% annually and was off 1.0% compared to March, and the expenditures reading, at 3.877, fell 14.0% annually and was down 1.0% compared to March.

March’s shipment reading—at 1.155—was down 4.0% annually and fell 1.0% compared to February. The March expenditures reading—at 3.961—was down 12% annually and fell 1.5% below February’s 4.020 reading.

February’s shipment reading—at 1.167—was down 0.3% annually, up against an easy annual comparison, while rising 3.8% over January’s 1.124 reading. And the February expenditures reading—at 4.020—was off 9.7% annually, while seeing a 1.9% decline, from January to February.

January’s shipment reading—at 1.124—saw a 4.3% annual increase and up 1.3% compared to December. Expenditures—at 4.096—saw a 1.7% annual increase and were down 3.2% compared to December.