"The weak trend in rail data continued this week as intermodal traffic and total carloads increased ~1% over last year. In my opinion, this is consistent with a US economy that is stagnant, but not collapsing. Overall, I think this is expected given the balance sheet recession and the easing in government spending. The AAR elaborates on this week’s data:.."
at http://pragcap.com/rail-traffic-still-consistent-with-stagnant-growth
at http://pragcap.com/rail-traffic-still-consistent-with-stagnant-growth
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