Friday, September 9, 2011

Transports view of the economy...

Warren Buffett considers rail traffic a good barometer for gauging economic health, and as the operator of the largest U.S. railroad by sales, Union Pacific (UNP) has as good a view of this metric as any.

Their take? Shipments of commodities such as farm products and coal remain strong, but those of consumer goods are slackening a bit.

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