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  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.
 
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.
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