Railway traffic strong in September

|By:, SA News Editor

The Association of American Railroads reports total U.S. rail traffic rose 4.4% in September

The most important takeaway from the monthly report was that rail traffic excluding coal and grain rose 4.9% to mark the best monthly performance by the category since December 2012.

While economists use railroad traffic trends to makes assessments on the broader economy, investors in railroad stock will hope the trend can survive the government shutdown and debt ceiling debate.

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