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Dog of times
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  • RAIL SHIPPING: 10/03/09, STILL DOWN 0 comments
    Oct 12, 2009 3:42 PM
    Rail shipping: 10/03/2009
    2007/2008            2008/2009
    YR TO DATE                         -18.6%                        -18.0%
    CURRNET WEEK                   -15.8%                        -15.0%
    4 WK ROLLING AVE.             -18.8%                        -16.0%
    Rail shipping remains in the dumps and not improving much, the Yr. To Date and Current Wk figures have improve a little but may only reflect yearly trends. There is no firm indication that rail shipping is starting to increase.
     
    Rail shipping: 9/26/2009, week 39
                                                    2007/2008            2008/2009
    YR TO DATE                         -18.7%                        -18.1%
    CURRNET WEEK                   -18.7%                        -16.2%
    4 WK ROLLING AVE.             -14.0%                        -17.2%
     
    Please compare these with week 36 below: a little better but still negative by huge amounts. Cumulative YR to date data is still declining: -19.8% vs. -18.1% over the last two weeks. This is still a very bad sign for the economy in general and Christmas in particular. There is nothing good in these figures except rail traffic in chemicals. Maybe we should all take a bath is sulfuric acid. 
    From previous post:
    The cumulative Week 36, YOY rail figures have move down from -17.1%, the last weekly decline to –19.8% adding another almost 3% to the deterioration. Cumulative traffic decline is flat at -18.4%. Remember the cash for clunkers stimulus program should have affected these figures. It did not. There can’t be a real GDP recovery without rail traffic and rail traffic figures should be increasing.
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