http://yesandnotyes.com/blog/2008/03/weak-economy-slows-cargo-and-idles-railcars/ Investing, politics, policy, economics, money, law, etc. Sat, 03 Dec 2011 20:10:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://yesandnotyes.com/blog/2008/03/weak-economy-slows-cargo-and-idles-railcars/comment-page-1/#comment-176 Doug Mon, 31 Mar 2008 12:14:11 +0000 http://yesandnotyes.com/blog/?p=178#comment-176 I was simply astounded that there are MILES of railcars just sitting in Montana doing nothing. I was simply astounded that there are MILES of railcars just sitting in Montana doing nothing.

]]> http://yesandnotyes.com/blog/2008/03/weak-economy-slows-cargo-and-idles-railcars/comment-page-1/#comment-175 Henry Oliner Mon, 31 Mar 2008 07:02:06 +0000 http://yesandnotyes.com/blog/?p=178#comment-175 We noticed a distinct drop in business from customers who were buying steel and generating scrap that are in the railcar repair business a few months ago. The railroad activity is a good indicator of the economy in general. If the currency was stable then scrap prices would also be a good indicator, but the current rise is mostly generated by the weak dollar. We noticed a distinct drop in business from customers who were buying steel and generating scrap that are in the railcar repair business a few months ago. The railroad activity is a good indicator of the economy in general. If the currency was stable then scrap prices would also be a good indicator, but the current rise is mostly generated by the weak dollar.

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