“Off The Rails” – What Slumping Rail Traffic Tells Us About The U.S. Economy
By Erico Matias Tavares of Sinclair & Co.
ZeroHedge.com
Jul 2, 2016
The weekly rail traffic report published by the Association of American Railroads (“AAR”) can provide a reasonable snapshot of US economic performance almost in real time by looking at diverse categories of transported goods and commodities. It can also highlight important changes in trends and areas of weakness, or red flags. So let’s see what these indicators are telling us midway through 2016.
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