Fleet Management

Speaking about the impact of Hurricanes Harvey and Irma at the FTR Transportation Conference, analysts estimated that the economic impact on the region could cost GDP 0.5% in the third quarter of 2017.

Tags: FTR, GDP, Spot Freight, Hurricane Harvey, Hurricane Irma, Economic Conditions

"Sometimes growing stronger is also the next thing that leads to the next recession." Dr. Larry Davidson, professor emeritus of business economics and public policy at Indiana University’s Kelley School of Business, talked about "secular stagnation" at the FTR Transportation Conference.

Tags: Economy, FTR, GDP

The widest measure of the health of the American economy was revised higher for the second quarter of the year, hitting its best pace in two years, while separate reports show hiring and consumers' feeling about the economy remain strong.

Tags: Economy, GDP, Consumer Confidence, Employment, Gross Domestic Product, Hurricane Harvey

One of the biggest drivers of the U.S. economy shifted into high gear in July, posting its biggest gain in seven months, according to a new Commerce Department report.

Tags: Economy, Retail Sales, GDP, Gross Domestic Product

U.S. manufacturing activity in July remained solid, according to two reports issued Tuesday while separate ones showed overall construction activity in the U.S. eased as consumer spending and personal incomes barely improved.

Tags: Economy, GDP, Manufacturing, Construction Spending, Federal Reserve, Personal Income, Personal Spending, Gross Domestic Product

Housing starts in the U.S. bounced back, according to a new Commerce Department report, but concerns remain about the future of the housing market as well as the wider economy.

Tags: Economy, Retail Sales, GDP, Housing Starts, Consumer Sentiment, Gross Domestic Product

The U.S. economy grew faster in the first quarter of the year than earlier estimates indicated, according to a Commerce Department report released Thursday, but there’s little optimism there the second quarter will show a big surge.

Tags: Economy, GDP, Gross Domestic Product

Results from two surveys of the nation’s purchasing executives indicate manufacturing activity in the U.S. during May was nearly unchanged from the month before. Meanwhile, separate reports show construction spending eased, but consumer spending increased, resulting in hopes that the current quarter will be stronger for the overall economy than the previous one.

Tags: Economy, GDP, Manufacturing, Consumer Spending, Construction Spending, Gross Domestic Product

Growth in the U.S. economy during the first quarter didn’t slow as much as first estimated, according to government numbers released Friday, while separate reports showed weaker factory activity but continued high consumer sentiment.

Tags: Economy, GDP, Manufacturing, Factory Orders, Consumer Sentiment, Factory Shipments, Gross Domestic Product

A surge seen early this year in the nation’s manufacturing sector continued to lose steam this month, hitting an eight-month low.

Tags: Economy, GDP, Manufacturing, Gross Domestic Product

Unemployment in the U.S. has fallen again, hitting its lowest level in a decade but minus any contribution from trucking in April, according to a new report released Friday. Meanwhile, a separate report shows some improvements in the nation’s struggling manufacturing sector.

Tags: Economy, Interest Rates, GDP, Unemployment, Manufacturing, Employment, Federal Reserve, Gross Domestic Product

Activity in the nation’s manufacturing sector continued to throttle back in April from a near two-year peak earlier in 2017, but it continues to expand. Separate reports show drops in consumer spending and construction, but analysts remain generally optimistic about the entire year.

Tags: Economy, GDP, Manufacturing, Construction Spending, Personal Income, Personal Spending, Gross Domestic Product

The U.S. economy grew at the weakest rate in three years during the first quarter of 2017, according to an advanced estimate by the Commerce Department, but economists remain optimistic about future performance.

Tags: Economy, GDP, Gross Domestic Product

There are good indications the U.S. economy will further strengthen following recent reports that conditions slowed a bit in the first quarter of the year and at the beginning of the second quarter.

Tags: Economy, Interest Rates, Freight, GDP, Manufacturing, Home Sales, Leading Economic Indicators, Gross Domestic Product

A measure of industrial production in the U.S. moved higher despite an easing in manufacturing, while the housing market also gave up some recent gains, according to reports issued Tuesday.

Tags: Economy, GDP, Industrial Production, Manufacturing, Housing Starts, Gross Domestic Product

Retail sales fell for the second straight month during March, according to the Commerce Department on Friday. Separate reports showed consumer prices declined – but there are expectations that retail imports will continue to grow as the overall economy expands.

Tags: Economy, Retail Sales, GDP, Consumer Prices, Gross Domestic Product, Ports

The widest measure of the nation’s economy performed as first estimated in the final quarter of last year despite a jump in consumer spending, according to a new assessment released Tuesday. Meanwhile, orders for long-lasting durable goods rebounded somewhat in January.

Tags: Economy, GDP, Durable Goods, Gross Domestic Product

Truckable Economic Activity, the parts of Gross Domestic Product that spends time in trucks, looks to be getting off to a strong start in 2017.

Tags: Economy, Imports, Freight, HDAD, GDP, Exports

The widest measure of U.S. economic growth slowed in not just the final quarter of last year but for all of 2016. However, that performance wasn’t so much due to weakness here at home.

Tags: Economy, GDP, Home Sales, Leading Economic Indicators

The economy expanded more than previously estimated in the third quarter, and separate reports offered up some relatively positive economic news just in time for the holidays.

Tags: Economy, GDP, Durable Goods, Home Sales, Leading Economic Indicators, Personal Income, Gross Domestic Product

Overall U.S. economic growth increased more in the third quarter of the year than first projected, according to a new Commerce Department report, and will likely pave the way for an interest rate hike in December.

Tags: Economy, GDP, Consumer Confidence, Consumer Sentiment, Gross Domestic Product

Growth in the U.S. economy accelerated in the third quarter of the year, posting its biggest gain in two years, according to Commerce Department numbers released Friday morning. However, a separate report shows consumer confidence slipped.

Tags: Economy, Interest Rates, GDP, Consumer Sentiment, Gross Domestic Product

While the strength of nation’s homebuilding market has eased just a bit, it remains robust. Meanwhile, a measure of consumer prices show it’s approaching a level the Federal Reserve has said it needs to hit in order to raise interest rates.

Tags: Economy, Interest Rates, GDP, Home Starts, Consumer Prices, Federal Reserve, Home Building, Gross Domestic Product

A preliminary look at the nation’s manufacturing sector shows it continues to expand following a recent downturn. Separate reports show expectations of long-term economic growth have been moved lower and the housing market is suffering from low inventory levels.

Tags: Economy, GDP, Manufacturing, Home Sales, Gross Domestic Product

Both trucking and the wider economy added jobs in July, according to new Commerce Department figures, while separate reports show the U.S. trade deficit grew in June to a one-year high and new factory orders fell again.

Tags: Economy, GDP, Unemployment, Factory Orders, Employment, Factory Shipments, Gross Domestic Product