No big change in rail trends this week as the growth continues. The year over year growth in intermodal came to 4% in the latest reading from AAR. This brings our 12 week moving average up to 3.9% which is the highest level in over 6 months. Overall, this indicator has trended very nicely with broader economic growth so if there’s anything to glean from this narrow view here it’s continued growth. I guess the government shutdown didn’t stop the trains from working….
Latest posts by Cullen Roche (see all)
- Three Things I Think I Think – We Are All Stupid Edition - 11/24/2015
- The Budget Deficit is (Mostly) Endogenous - 11/23/2015
- Three Things I Think I Think – Illiteracy Edition - 11/19/2015