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Railroad Purchasing and the Business Cycle
Hardcover
Business GeneralEconomicsTrains
ISBN13: 9781025936581
Publisher: Tradd Street Press
Published: Feb 14 2026
Pages: 334
Weight: 1.42
Height: 0.75 Width: 6.14 Depth: 9.21
Language: English
Railroad Purchasing and the Business Cycle is a comprehensive economic analysis of the relationship between the procurement activities of the railroad industry and the broader fluctuations of the American economy. Written by John E. Partington, this study investigates the significant role that railroad expenditures played in the timing and severity of business cycles during the late 19th and early 20th centuries.
As the railroads were historically among the largest consumers of industrial materials-including steel, coal, and lumber-their purchasing patterns had a profound ripple effect across numerous sectors. This work explores whether these massive investments acted as a driver of economic growth or were primarily reactive to existing market conditions. Through detailed statistical examination, Partington evaluates the correlation between orders for equipment, such as locomotives and freight cars, and general indicators of prosperity and depression.
This text remains a valuable resource for students of economic history and transportation studies, providing a rigorous look at the industrial dynamics that shaped the modern economic landscape. It offers unique insights into the logistical and financial decision-making processes of one of the world's most vital infrastructures during a period of intense industrial development.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
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