Tuesday, August 25, 2009

Few Green Shoots in Rail Traffic Thus Far

Year over year rail traffic is down 17.8 % over the 4 weeks ending on August 15th, as opposed to 18.7 % for all of 2009. So things improved just a bit recently, mostly in automobiles. This might have been to due to the anticipation of Cash-for-Clunkers.

Year over Year percentages will improve markedly once the bulk of last year's crash passes its anniversary, starting about January.

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