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Chart Of The Day

Rail Traffic Continues to Point Towards Economic Growth

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….

rails

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