Chart Of The Day – Railcar Loadings NOT Picking Up Steam

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Chart Of The Day – Railcar Loadings NOT Picking Up Steam

By Brian Kelly on October 9, 2009 | More Posts By Brian Kelly | Author's Website

We would expect that of the economy were truly picking up steam (notice the foreshadowing) then railcar loadings would be climbing.

Not only has total rail traffic failed to begin its seasonal upturn, loadings of crushed stone and lumber are falling. These are signs of an economy that is stalling.

Disclosures: none

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