RR economic indicator
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Started by bear - March 4, 2020, 11:31 a.m.

https://www.aar.org/news/rail-traffic-for-the-week-ending-february-22-2020/

traffic is down 7.6 %  y-o-y ... depending on which week you look at.  

figure vary from negative 6.6 to neg 8.6%   for different weeks in February.  

by this measure, yes we are in recession.  (still).  it is not just a coronavirus problem.  traffic has been negative even before the virus became an issue. 

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By patrick - March 4, 2020, 11:42 a.m.
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 coal, down 23,225 carloads

Other than coal, carloads are flat.
Is the 6% fall in containers & intermodal  the first sign of the import slowdown?