Sunday, December 16, 2012

RAIL INDICATORS: The Economy Continues To Soften

"More weakness in this week’s rail traffic report. The AAR reported a -0.3% reading in intermodal. This is the second consecutive negative weekly reading. This brings the 12 week moving average down to 1.3%. That’s about in-line with the consensus Q4 GDP predictions and indicative of an economy that is growing, but just slightly..."

at  http://pragcap.com/rail-traffic-economy-continues-to-soften#ixzz2FFGfwQKD

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