AAR: U.S. debt debate fallout concerns rail industry

08/1/2011 | USA Today

Declines in consumer spending and the overall economy would be harmful to the railroad industry, which has invested $12 billion in capital expenditures this year in anticipation of a recovery. "We're very concerned" about the debt-ceiling debate, says Patti Reilly, a spokeswoman for AAR. "We're waiting to see how this impacts our customers and how it impacts consumer confidence."

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