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Rail traffic, Employment agency chart, growth vs cost cutting chart

Summary:
Rail Week Ending 04 June 2016: Rail Contraction Accelerates By Steven HansenJune 10 (Econintersect) — Week 22 of 2016 shows same week total rail traffic (from same week one year ago) contracted according to the Association of American Railroads (AAR) traffic data. The improvement seen last week evaporated, and was likely due to the a holiday falling into different weeks between years. And this indicator: Cost cutting likewise reduces income:

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Rail Week Ending 04 June 2016: Rail Contraction Accelerates

By Steven Hansen

June 10 (Econintersect) — Week 22 of 2016 shows same week total rail traffic (from same week one year ago) contracted according to the Association of American Railroads (AAR) traffic data. The improvement seen last week evaporated, and was likely due to the a holiday falling into different weeks between years.

Rail traffic, Employment agency chart, growth vs cost cutting chart

And this indicator:
Rail traffic, Employment agency chart, growth vs cost cutting chart

Cost cutting likewise reduces income:
Rail traffic, Employment agency chart, growth vs cost cutting chart

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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