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One measure of economic activity is total railway carloads of waste. The idea is the more an economy produces the more waste is generated. Therefore a growing economy will generate significant increases in waste and vice versa.
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Waste Carloads Volume as an economic activity indicator
One measure of economic activity is total railway carloads of waste. The idea is the more an economy produces the more waste is generated. Therefore a growing economy will generate significant increases in waste and vice versa.
There is a fairly strong positive correlation (82%) between the year over year change in waste carloads and the year over year change in GDP. The current prognosis? Bad. The USA economy is diving.
Waste Carloads YoY Compared to USA GDP YoY
Bloomberg: Waste on Freight Cars Rebounds 6-9-10
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