Rail Traffic Continues To Say That The Economy Is Growing

Another week, another decent rail report.  This data is still consistent with a growing economy, but not a healthy growing economy.  Muddle through continues (via the AAR):

“The Association of American Railroads (AAR) today reported a gain in weekly rail traffic, with U.S. railroads originating 302,500 carloads for the week ending October 8, 2011, up 2.1 per cent compared with the same week last year. Intermodal volume for the week totaled 241,999 trailers and containers, up 2.4 per cent compared with the same week last year.

Read the full post here >

 

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.