The Trains Keep Chugging

The Trains Keep Chugging
Railroad shipments are the highest in almost three years, helping allay concerns about a double-dip recession in the U.S. (Data: Association of American Railroads, Morgan Keegan, U.S. Treasury)
Data: Association of American Railroads, Morgan Keegan, U.S. Treasury

There’s also a close correlation this year between railcar loadings and the Federal Reserve’s industrial production index. Both numbers are typical of a slow expansion.

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