Tuesday, January 24, 2012

US Rail Shipping Traffic Plunging

 As discussed in The Doc's interview with Jim Willie last week, large_willie012012b.jpgas well as the BDI shipping rates plunging, US rail shipping is falling off a cliff as well.  
REAL data is indicating that the US economy is rolling over again, and is nearing the 2008 nadir.

large_willie012012b.jpg

Thanks to our friend TF of TFMetalsreport.com for finding this graph of US rail contraction.