RR economic indicator
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Started by bear - Jan. 31, 2022, 11:08 p.m.

https://www.aar.org/news/rail-traffic-for-the-week-ending-january-15-2022/

for the first couple weeks of the year, rail traffic (not including intermodal) is down over 4%.  container traffic is down 15% .   y-o-y. 

by this indicator, we are in recession.  but we do not have an inverted yield curve, ... and the unemployment rate is not surging.  

Comments
By metmike - Jan. 31, 2022, 11:11 p.m.
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Thanks bear!

Strange times. Since COVID has likely peaked, maybe things will pick up again?