Parsad Posted December 22, 2011 Share Posted December 22, 2011 Looking real good! Cheers! http://www.bloomberg.com/news/2011-12-22/north-american-rail-freight-carloads-for-dec-17-table-.html?cmpid=yhoo Link to comment Share on other sites More sharing options...
shalab Posted December 22, 2011 Share Posted December 22, 2011 The shops are still full - may be people are doing their x'mas shopping. Looks like a strong pull to end the quarter; expect this to keep going into next year. Link to comment Share on other sites More sharing options...
Parsad Posted December 22, 2011 Author Share Posted December 22, 2011 Record numbers for online retailers as well. As the excess housing inventory decreases, at some point, you could see signifcant growth...probably at least a couple of years away. I suspect with housing prices probably dropping another 5% or so in the next 8-12 months, that will probably be the bottom. Cheers! Link to comment Share on other sites More sharing options...
ERICOPOLY Posted December 22, 2011 Share Posted December 22, 2011 Another measure of economic activity (counting the diesel fuel purchased by truckers) suggests a disappointing 0%-1% GDP growth rate in Q4. http://ceridianindex.com/news/release/November-PCI-Increases/ Link to comment Share on other sites More sharing options...
Uccmal Posted December 22, 2011 Share Posted December 22, 2011 Another measure of economic activity (counting the diesel fuel purchased by truckers) suggests a disappointing 0%-1% GDP growth rate in Q4. http://ceridianindex.com/news/release/November-PCI-Increases/ Well Eric, quite obvious what's going on. Everyone is using rail....lol. Link to comment Share on other sites More sharing options...
Parsad Posted December 23, 2011 Author Share Posted December 23, 2011 Yes, I do the same thing with Christmas lights, but I think it may say two different things: Either more confidence, or more people are staying home for the holidays instead of travelling. Definitely more lights this year than the last three. Cheers! Link to comment Share on other sites More sharing options...
shalab Posted December 23, 2011 Share Posted December 23, 2011 You could be right that more people are staying home - in which case, it is a fillip to the local economy. I just came across this article which pegs U.S growth at roughly 3% in Q4 and downplays the Euro zone crisis as not impacting U.S growth in 2012. http://timesofindia.indiatimes.com/business/international-business/US-economy-gaining-momentum-as-global-growth-slows/articleshow/11223219.cms Link to comment Share on other sites More sharing options...
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