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Rail Traffic and Retail Sales – More Muddle Through

Here are some ugly charts for you:

Rail traffic came in at 3.7% this week on a year over year basis.  This brought the 12 week moving average to just 2.7% which is the second lowest reading in the last 7 months.

rails

And retail sales slowed to a crawl at just 1.8%.  All consistent with a continued “muddle through” economy.

rsafs

 

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