not looing good.
but somehow, consumer spending has held up ok, while bulk commodity shipments have declined.
as far as the shipping recession in 2015-2016,... i am still calling that the obamacare recession. the healthcare segment of the economy showed growth as almost all other areas of the economy contracted.
obamacare shifted money away from other segments of the economy. and funneled money into corporate handouts for health insurance companies, hospitals, and drug companies.