Home Logon FTA Investment Managers Blog Subscribe About Us Contact Us

Search by Ticker, Keyword or CUSIP       
 
 

Blog Home
   Brian Wesbury
Chief Economist
 
Bio
X •  LinkedIn
   Bob Stein
Deputy Chief Economist
Bio
X •  LinkedIn
 
  Reader Feedback: Freight Train Cars
Here is more feedback from readers across the country on freight train traffic.  As we've discussed before, we believe rail traffic is a great barometer for how well the economy is doing.  One reader sent us the following report of a freight train in Gallup, New Mexico.

11-4-2010 Gallup, NM – 122

Here are a few recent trains near the First Trust office in Wheaton, IL.

11-5-2010 Wheaton, IL – 107
11-8-2010 Wheaton, IL – 136
11-8-2010 Wheaton, IL – 115
11-9-2010 Wheaton, IL – 112

With most trains well over 100 cars in length, and some over 150 cars, our annecdotal rail indicator shows that the economy continues to grow at a healthy pace.

Feel free to send in train car counts if you get a chance to economics@ftadvisors.com
Posted on Tuesday, November 9, 2010 @ 3:04 PM • Post Link Print this post Printer Friendly

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
Search Posts
 PREVIOUS POSTS
Brian debates QE II and the economic outlook with Joe Battipaglia
October employment report crushes expectations; private payrolls up 159,000
Non-farm productivity (output per hour) rose at a 1.9% annual rate in the third quarter
Fed Embarks on QEII
ISM services report beats expectations, rising to 54.3 in October
Scorecards for Tonight
The ISM Manufacturing index increased to 56.9 in October
Political Economics
Personal income declined 0.1% in September while personal consumption increased 0.2%
Brian discusses the election and today's GDP report on Fox
Archive
Skip Navigation Links.
Expand 20242024
Expand 20232023
Expand 20222022
Expand 20212021
Expand 20202020
Expand 20192019
Expand 20182018
Expand 20172017
Expand 20162016
Expand 20152015
Expand 20142014
Expand 20132013
Expand 20122012
Expand 20112011
Expand 20102010

Search by Topic
Skip Navigation Links.

 
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
Follow First Trust:  
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2024 All rights reserved.