Friday, August 7, 2009

Shipping Down but Not Out wrote an interesting article yesterday on the state of the shipping industry, Shipping Down but not Out. We all know that the shipping industry is hurting like our entire state is suffering. Michigan is continually appearing in news articles because we are taking the brunt of this economic downturn.

The shipping industry is showing some improvement mainly in the shipments of grain. The article states.

But there has been signs of improvement. The Duluth-Superior port shipped 3.5 million tons in May and 3.9 million in June. Grain shipments are up 23 percent from record-setting lows last year. Coal shipments are doing much better than the rest of the Great Lakes, down only seven percent compared to 30 percent overall.

I know from personal experience that our economy is down. I have four grown children. Only one of them lives in Michigan. My oldest daughter is a teacher and had to move to North Carolina for a teaching position. The other two children are in business. One moved to Phoenix mostly for the climate and the progressive economy there (at least it was when she moved there). My youngest lives in Minneapolis where he moved for a job.

Fortunately, my grandchildren are all here in Michigan. You might think with kids in Phoenix, Charlotte, NC, and Minneapolis, Tom and I have great travel destinations. And you are right. We do enjoy visiting all three places.

1 comment:

Bill K. said...

Nice article. Interesting. Maybe the economy really is on the rebound.

One thing about having children that live in warm climates in the winter is you don't freeze with the Michigan snows. When do you close up for the Winter and go South for the Winter?