Monday, April 26, 2010

Railfax's Recession Watch

From Railfax:

Crushed Stone and Lumber are the two leading indicators of new construction (commercial and residential). Tracking these two economically sensitive commodities gives an up to the minute view of future construction. Recession or full-blown depression? These commodities could be key leading indicators. As with all Railshare data, these charts track shipments through the week ending on the preceding Saturday.

Also remember the bullish lumber chart from last Wednesday.