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Weekly Transportation Update: Industrial Production Weaker As Automotive Drives Retail Inventory Growth
The FTR Experts
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Annual data revision shows modestly weaker industrial production.
- Real consumer spending eased slightly in February.
- The automotive industry drove retail inventory growth in the latest month.
- EPA grants waivers to California for heavy-duty vehicle and engine emissions standards.
- Intermodal volume continues to be weak, but rail carload recovered to the prior trend.