I must admit, I don't follow traffic activity as a sign of economic health, although it is a great indicator. I did come across this chart today courtesy of Pragmatic Capitalism (great site) of intermodal rail traffic.
Although there is growth, the rate of growth is clearly diminishing, partly due to the end of the inventory build cycle. The most recent month saw the first year on year decline in growth since roughly February of 2010.
Although there is growth, the rate of growth is clearly diminishing, partly due to the end of the inventory build cycle. The most recent month saw the first year on year decline in growth since roughly February of 2010.
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