Source: Association of American Railroads Quick Take:Â Coal accounted for 45.4% of all commodities carried by Class I railroads in 2008 and 23.5% of total revenue. Related Posts: Performance Analysis: North American Railroad Stocks !! Get on board the Canadian Railroad Stocks
Consumers have been cutting down borrowing since the credit crunch began. However the Federal government borrowing has been growing at a staggering rate recently as the chart from CFR’s Brad Setser’s blog shows below. Source: Council on Foreign Relations Checkout also More on the fall in private borrowing and the rise in the fiscal defict.
Historically the unemployment rate in the USA was lower when compared to European countries due to US economy being dynamic and vibrant.The policy of hire and fire by companies was accepted by the society as a means of keeping the economy strong.However this situation in changing due to the continued rise in unemployment rates in …
Continue reading ‘US Unemployment Rate Getting Closer to Europe’s’ »