Going by Railcar Loadings, We're Stalled at a Crossing

by: Brian Kelly

We would expect that of the economy were truly picking up steam (notice the foreshadowing) then railcar loadings would be climbing.
railcarloadings oct 09 09

Not only has total rail traffic failed to begin its seasonal upturn, loadings of crushed stone and lumber are falling. These are signs of an economy that is stalling.

Disclosures: none