Fleet Management

Manufacturing

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February 15, 2017 - Industry News

Economic Watch: Retail Sales Jump But Price Pressures Building

Retail sales, one of the largest drivers of the U.S. economy, advanced in January, pointing to increased overall growth in the first quarter of the year. At the same time, prices on the retail and wholesale level posted big gains, and the manufacturing component for industrial production ticked higher.

Tags: Economy, Retail Sales, Industrial Production, Manufacturing, Consumer Prices, Used Vehicle Values

February 3, 2017 - Industry News

Economic Watch: Job Growth Continues as Manufacturing Improves

Employers in the U.S. continue to add people to their payrolls at a healthy pace, and there is mounting evidence that the nation’s manufacturing sector is coming out of the doldrums.

Tags: Economy, Unemployment, Durable Goods, Manufacturing, Construction Spending, Employment

February 1, 2017 - Industry News

Economic Watch: Manufacturing, Employment Help Launch Strong 2017

The U.S. manufacturing industry kicked off the year with its strongest performance in two years, according to a new report, while a separate one about the sector plus others regarding employment, personal spending and incomes all points to increased economic growth.

Tags: Economy, Manufacturing, Employment, Personal Income, Personal Spending

January 24, 2017 - Industry News

Economic Watch: Manufacturing Starts Year Strong, Housing Best in Years

The U.S. manufacturing sector had a solid start to 2017, with overall operating conditions improving at the quickest pace for nearly two years, according to a preliminary report from IHS Markit.

Tags: Economy, Manufacturing, Home Starts, Home Sales, Home Building

January 6, 2017 - Industry News

Economic Watch: Trucking Continues to Help Employers Add Jobs

The for-hire trucking industry was partly to thank for the 156,000 non-farm jobs additions in the U.S. during December, according to new Labor Department figures. A separate report shows manufacturing remains healthy despite small declines in new orders.

Tags: Economy, Unemployment, Manufacturing, Factory Orders, Employment, Factory Shipments

January 3, 2017 - Industry News

Economic Watch: Manufacturing Best in 2 Years, Construction Highest in 10 Years

Manufacturing in the U.S. ended 2016 on a high note, hitting its best level since 2014, according to two new reports, while separate data reveals construction spending in the country hit its highest level in a little more than a decade.

Tags: Economy, Manufacturing, Construction Spending

December 16, 2016 - Industry News

Economic Watch: Manufacturing at 21-Month High, Other Indicators Strong

U.S. manufacturers reported a strong end to 2016, with business conditions improving at the fastest pace since March 2015. And separate reports show consumer prices are rising and housing remains strong, despite a pullback from a multi-year high.

Tags: Economy, Interest Rates, Manufacturing, Consumer Prices, Housing Starts, Federal Reserve

December 14, 2016 - Industry News

Fed Hikes Interest Rates for Second Time in Decade

Policy makers at the Federal Reserve on Wednesday announced an increase in interest rates for the first time this year and only the second time since the depths of the Great Recession and there are expected to be at least some repercussions for trucking.

Tags: Economy, Retail Sales, Interest Rates, Industrial Production, Manufacturing, Federal Reserve

December 1, 2016 - Industry News

Economic Watch: Manufacturing, Construction Post Impressive Gains

In another sign the U.S. economy is gathering more steam, two reports released Thursday morning showed a strong rebound in the nation’s manufacturing sector while another indicated construction remains strong following earlier positive indicators.

Tags: Economy, Manufacturing, Construction Spending

November 16, 2016 - Industry News

Economic Watch: Growth Continues, Sluggish in Some Areas

While the amount of U.S. industrial production was unchanged in October after falling 0.2% in September, manufacturing managed to squeeze out a gain, as optimism in the housing market continued amid signs of slower than usual growth.

Tags: Economy, Industrial Production, Manufacturing, Producer Prices, Home Building, Used Vehicle Values

November 1, 2016 - Industry News

Economic Watch: Manufacturing Continues Rebound, Construction Falls

New economic reports show the nation’s manufacturing sector continues improving along with consumer spending-- the latest signs the overall economy is gaining traction-- while a separate report shows construction activity has eased, but only just a bit.

Tags: Economy, Manufacturing, Consumer Spending, Construction Spending

October 27, 2016 - Industry News

Economic Watch: Durable Goods Mixed, New Home Sales Best in 9 Years

Shipments and new orders for long-lasting manufactured durable goods were varied in September. While home sales continue growing, one key economic indicator fell.

Tags: Economy, Durable Goods, Manufacturing, Home Sales

October 24, 2016 - Industry News

Economic Watch: Manufacturing, Leading Indicators Rebound

New preliminary numbers suggest U.S. manufacturers started the fourth quarter in a strong fashion, and other numbers point to an improving overall economy in the final three months of the year -- with manufacturing and housing, two key areas related to truck freight, helping lead the way.

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

October 17, 2016 - Industry News

Economic Watch: Manufacturing Pushes Industrial Production Higher

The total output from the nation’s factories, mines and utilities rebounded last month, posting its best quarterly performance in a year, due in part to increased manufacturing, according to new Federal Reserve figures.

Tags: Economy, Interest Rates, Industrial Production, Manufacturing, Federal Reserve

October 7, 2016 - Industry News

Economic Watch: Trucking Employment Sinks, Manufacturing Gains

Trucking employment in the U.S. slipped in September despite overall non-farm job growth moving higher for the 72nd straight month, according to a new Labor Department report. But other reports indicate manufacturing is regaining some steam, fueling speculation over an interest rate hike.

Tags: Economy, Interest Rates, Unemployment, Manufacturing, Employment, Federal Reserve

September 23, 2016 - Industry News

Economic Watch: Manufacturing Remains Soft; Homes, LEI Slip

A preliminary report released Friday shows growth in the nation’s manufacturing sector is easing this month amid the slowest expansion of new orders so far this year, according the financial information services provider IHS Markit.

Tags: Economy, Manufacturing, Home Sales, Leading Economic Indicators, Construction Spending

September 20, 2016 - Industry News

Economic Watch: Home Starts Slow, Overall Optimism Remains

Nationwide housing starts fell 5.8% to a seasonally adjusted annual rate of 1.14 million units in August, according to newly released data from the Commerce Department on Tuesday, the latest disappointing economic indicator, but there are still feelings overall economic conditions are improving.

Tags: Economy, Retail Sales, Industrial Production, Manufacturing, Home Starts

September 1, 2016 - Industry News

Economic Watch: New Manufacturing Orders Stagger, Construction Up

There is slight disagreement when it comes to the health of the nation’s manufacturing industry in the wake of two reports issued on Thursday, but not when it comes to what pulled two gauges lower for August.

Tags: Economy, Manufacturing, Construction Spending

August 24, 2016 - Industry News

Economic Watch: Manufacturing Declines, GDP Expectations Lowered

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

August 16, 2016 - Industry News

Economic Watch: Manufacturing Pushes Industrial Production Higher Amid Other Reports

The output from the nation's factories, mines and utilities increased in July, the largest gain since November 2014, and there also are improvements in housing and e-commerce. But there is disagreement over what the latest inflation numbers mean for interest rates.

Tags: Economy, Industrial Production, Manufacturing, Consumer Prices, Federal Reserve, Home Building

August 1, 2016 - Industry News

Economic Watch: Manufacturing Continues Rebound, Construction Declines

After hitting a post-Great Recession low, economic activity in the nation’s manufacturing sector continues to grow, but how strong that growth is depends on which report you read.

Tags: Economy, Manufacturing, Construction Spending

July 27, 2016 - Industry News

Economic Watch: Durable Goods Dive, New Home Sales Jump

While new orders for manufactured durable goods plunged in June, a closely watched economic indicator shows a gain for the first time in three months, as a separate report shows a big hike in new home sales and another is calling for even better retail sales.

Tags: Economy, Retail Sales, Durable Goods, Manufacturing, Home Sales

July 22, 2016 - Industry News

Economic Watch: Manufacturing, Leading Indicators Spark Optimism

A new preliminary report shows U.S. manufacturing rising this month at its fastest pace since November 2015, following a post-Great-Recession low in May – "an encouraging sign of revival," says financial information services provider Markit.

Tags: Economy, Manufacturing, Home Sales, Leading Economic Indicators, Home Building

July 15, 2016 - Industry News

Economic Watch: Retail Sales, Industrial Production Improve

A jump in retail sales and industrial output are just two of several economic indicators released Friday showing the economy is performing at least somewhat better, but there are still some lingering concerns.

Tags: Economy, Retail Sales, Industrial Production, Manufacturing, Consumer Prices, Consumer Sentiment, Business Inventories, Used Vehicle Values

July 1, 2016 - Industry News

Economic Watch: Manufacturing Continues Improving, Construction Falls

Two reports show the nation’s manufacturing sector is making continued improvements following a bumpy ride that began last year and early this year.

Tags: Economy, Manufacturing, Construction Spending

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