Thursday 12 November 2009

NOVEMBER RAILTIME INDICATORS REPORT

The always informative railtime indicators report is out and the outlook is still forecasting a tepid and vulnerable recovery. The real economy is not recovering at the same pace as the equity markets might have you believe. The AAR Reports:

“October’s intermodal numbers, along with the recently-announced increase in GDP for the third quarter, indicate that we are seeing some hope for improvement in the nation’s economic situation,” said AAR Senior Vice President of Policy and Economics John Gray. “While it is still too early to say we are on the road to recovery, railroads continue to take freight cars out of storage with over 11,000 cars back in service in October.”

Throughout this financial crisis, I have come to rely on Railway Freight Reports, as they seem connected to the real economy. It will be interesting to see, as GCC Railways develop, if they will become Regional economic indicators.

6 comments:

  1. Actually when we talk about any president or vice president for any governmental institue, the report is this
    "We are on the way of improvement, While its still too early to say, we are on the road to recovery"

    Do you guys think these kind of reports are helpful for the improvement in Financial Crisis.
    Never

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  2. These are the formal statements given by the head of any department, So I don't think that they are important to remember.

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  3. Any report given by any department is based on the analysis done in a specific duration, So when we goes for any statement given by any head of the department is the analysis based, the process continues, but the statements remain the formal.

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  4. Just a formal statement like the every department gives at the end of the year.

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  5. Always expect these kind of formal statement every end of the year.

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  6. We hope that this recovery process will continue. Keep it up. Thanks for sharing with us.

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