Edward Harrison

Why FedEx and UPS Are Better Economic Indicators than Alcoa

Yes, Warren Buffett says he follows railroad freight traffic as a gauge of the economy. The DOT does an index called the Freight Transportation Services Index (TSI). Here is the web page where you can get their updates:

www.rita.dot.gov/press...

This index is down 15% year-on-year and at it's lowest level since 1997. The worrying part is that it is still declining.


On Jul 09 09:15 AM pftittl wrote:

> I concur on the railroads. IF they're idle, the green shoots are
> coming up brown.