Rail Traffic in December 2012 Projects a Slowly Growing Economy
From Econintersect Combined RSS Feed
January 5, 2013 - 11:57pm
Written by Steven Hansen
Depending on how you view the data, using rail to analyze the economy presents a mixed picture in December 2012. Rail becomes a transporter of commodities early in the manufacturing cycle, and its intermodal movements (usually finished manufactured goods) can be used to project economic activity up to three months in advance.
intermodal growth has been very sluggish for the last 3 months with a flat growth trend under 2%;
commodities (excludng coal and grain) have a short term improving trend, and a long term declining trend.
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