The Daily Stat: Rolling Waste Signals Economic Growth

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JUNE 11, 2010
Rolling Waste Signals Economic Growth
The number of U.S. rail cars filled with waste, a figure that's well correlated with economic growth, jumped to 79,044 in April and May 2010, an increase of 45% from a year earlier, according to the Association of American Railroads. That's the biggest such increase since at least 1994. The cargo consists of iron and steel (42%), municipal waste and demolition products (32%), paper (11%), ashes (5%), nonferrous metals (4%), miscellaneous (4%), and chemical waste (1%).
Source: Bloomberg.com
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