Wednesday, January 25, 2012

Railroad carloadings as a proxy for how Canada's overall economy is doing

Some sectors in the economy are flashier than others. They have at least a veneer of glamour.
For example, pretty much anything to do with high tech – e.g., telecommunications, computers, bioengineering, etc. – garners a lot of media attention.
Other segments are more pedestrian. They’re part of the background. They help the economy unfold in an everyday manner.
But they may capture more of a sense of what is truly happening than their higher-profile companions.
The railroads are such a sector. Continued

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