Total Rail Traffic, As In Railroad………
Posted By thestatedtruth.com on February 5, 2010
Measures Of Real Output
Here we review a number of measures of real economic output that are distinct from FIRE Economy measures.
Total rail traffic in the U.S. in 2009 was below 2008 levels, and trended down into the 4th quarter of 2009 as during 2008, curiously in a quarter when GDP numbers were robust.
If the economy is truly recovering we’d expect to see a climb in rail traffic to 2007 levels in Q4 2009 not a collapse to Q4 2008 lows.
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