One Of The Most Reliable Indicators Around Says The Economy Is Still Rock Solid

One of the best indicators that money can buy is rail traffic. It represents real business, and the numbers don’t get revised a million times.

Via PragCap and AAR, total traffic jumped 5.7% last week, with total carloads hitting the highest level since late 2008. The economy is chugging along.

chart

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.