February 2, 2015 - Industry News
Consumer spending during December posted its biggest drop since September 2009, according to a new U.S. Commerce Department report on Monday.
Tags: Economy, Manufacturing, Consumer Spending, Construction Spending
January 30, 2015 - Industry News
A first look at one of the widest measures of the U.S. economy shows activity cooled in the fourth quarter of 2014.
Tags: Economy, GDP, Consumer Sentiment
January 29, 2015 - Industry News
Newly released U.S. Transportation Department figures show the amount of freight moved between the U.S. and its Canadian and Mexican neighbors edged higher by just 0.1% in November from the same time a year earlier.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade
January 27, 2015 - Industry News
Shipments of U.S. manufactured durable goods, those designed to last three years or more, rebounded in December but new orders turned in its worst performance since August, according to a new U.S. Commerce Department report.
Tags: Economy, Consumer Confidence, Durable Goods, Home Sales
January 26, 2015 - Industry News
New construction starts in December retreated 16% from the month before totaling $568.2 billion, according to construction industry data provider Dodge Data and Analytics, but posted another annual gain.
Tags: Economy, Construction
January 21, 2015 - Industry News
The U.S. housing market showed its best signs of recovery last year, well above 2013’s level, according to a new Commerce Department report.
Tags: Economy, Housing Starts
January 20, 2015 - Industry News
Builder confidence in the market for newly built single-family homes declined just one point to 57, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index released Tuesday.
Tags: Economy, Home Building
January 16, 2015 - Industry News
Consumer prices fell 0.4% in December from the month before, according to new U.S. Labor Department report, the biggest decline in six years.
Tags: Economy, Industrial Production, Consumer Prices, Consumer Sentiment
January 15, 2015 - Industry News
A new report shows freight shipments and expenditures in shipping fell in the final month of 2014 but posted gains for the entire year.
Tags: Economy, Research, Cass Freight Index
Prices at the wholesale level fell in December from the month before, the biggest drop since October 2011, due in large part to declining fuel prices.
Tags: Economy, Producer Prices
January 14, 2015 - Industry News
A measure of the amount of freight moved by the nation’s entire for-hire transportation sector shows it rose 0.8% in November from the month before, the fifth consecutive monthly increase.
Tags: Economy, U.S. DOT, Freight Index
Retail sales in the U.S. fell in December by the largest amount in nearly a year, according to a new Commerce Department report.
Tags: Economy, Retail Sales
January 9, 2015 - Industry News
Unemployment in the U.S. continued declining in 2014, the best year for job growth since 1999, according to new Labor Department figures. However, wages fell and more people left the labor force.
Tags: Economy, Unemployment, Employment
January 8, 2015 - Industry News
Since the end of the "Great Recession" and the start of a recovery, the U.S. economy has gone through two distinct phases, with the latter being the better, and expectations are things will continue to improve.
Tags: Economy, Research, FTR, GDP, Unemployment, Housing, Employment
The amount of freight moved between the U.S. and its North American Free Trade Agreement partners of Canada and Mexico increased in October compared to the same time a year ago, hitting the highest level on record.
January 7, 2015 - Industry News
A new report released ahead of government numbers set to be published Friday shows private sector, nonfarm employment in the U.S. increased by 241,000 jobs from November to December, the biggest gain since June.
Tags: Economy, Employment
January 5, 2015 - Industry News
Economic activity in the manufacturing sector expanded in December for the 19th consecutive month, but it was the slowest pace in six months, according to the nation’s supply executives.
Tags: Economy, Manufacturing, Construction Spending
December 31, 2014 - Industry News
Was 2014 a great year for U.S. economy or not? What were the biggest influences on it and how did it affect trucking? It’s all a matter of the perspective of who you ask. HDT's Evan Lockridge offers his year-end take on the subject.
December 30, 2014 - Industry News
Consumer confidence in the U.S. rebounded in December after falling in November, according to the private research group The Conference Board.
Tags: Economy, Consumer Confidence
December 29, 2014 - Industry News
Consumer confidence reached its most favorable level this month since the last cyclical peak was set in January 2007, according to the Thompson Reuters/University of Michigan Survey of Consumers, released just before Christmas.
Tags: Economy, Home Sales, Consumer Sentiment
December 23, 2014 - Industry News
The value of the production of goods and services in the U.S. during the third quarter of the year increased at an annual rate of 5%, according to a third estimate from the U.S. Commerce Department.
Tags: Economy, GDP, Durable Goods
December 22, 2014 - Industry News
After hitting their highest level of the year during October existing-home sales slid in November, according to figures released Monday by the National Association of Realtors
Tags: Economy, Home Sales
December 19, 2014 - Industry News
The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index rose 3.5% to 136.8 in November -- the highest level on record.
Tags: Economy, Freight, Truck Tonnage Index, American Trucking Associations
New construction starts in the U.S. climbed 13% in November from the month before to an annual rate of $677.8 billion, according to industry data provider Dodge Data & Analytics.
December 17, 2014 - Industry News
The U.S. Federal Reserve on Wednesday indicated it believes the American economy continues to expand at a moderate pace and would be able to handle a small hike in short-term interest rates.
Tags: Economy, Federal Reserve
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