Economy

1  -  20  of  1876

December 13, 2017

Economic Watch: Fed Boosts Interest Rates Again, More Hikes Planned

The U.S. Federal Reserve’s Federal Open Market Committee raised interest rates again Wednesday. It's a sign that the Fed believes the economy is in no danger of slowing down, including taking into consideration this week's latest economic reports.

December 13, 2017

For-Hire Freight Level Hits Third Record High in Past Four Months

A measure of the amount of freight moved by the nation’s for-hire transportation industry rebounded to another record high in October, according to new Transportation Department figures, following a decline the month before.

December 12, 2017

FTR Trucking Conditions Index Spikes in October

The FTR Trucking Conditions Index for October, jumped to a reading of 9.48, way up from the previous month's level of 3.5.

December 8, 2017

Economic Watch: Trucking Helps With Most Recent Job Gains, Consumer Sentiment Cools

The U.S. economy added another 228,000 non-farm jobs in November, aided by job gains in the trucking industry, according to a Labor Department report released Friday.

December 5, 2017

Analysis: Freight Payment Index Offers Helpful Regional Benchmark

If you want to know how your trucking operation is stacking up against other freight shipping businesses, there is a new barometer available, U.S. Bank's Freight Payment Index, and it offers some features that have not been seen before, says business contributing editor Evan Lockridge in his December Hotline column.

December 4, 2017

Economic Watch: Manufacturing Still Hearty Despite Small Declines, Construction Jumps

Manufacturing activity in the U.S. remains strong, despite small declines recorded in three reports, while the construction sector posted its biggest gain in nearly half a year.

November 29, 2017

Economic Watch: Growth Revised to Highest Level in 3 Years, Consumers Upbeat

Total U.S. economic activity in this year's third quarter increased more than originally estimated, according to revised numbers issued Wednesday by the Commerce Department.

November 28, 2017

Economic Watch: Cyber Monday Sets Online Shopping Records

The Monday after Thanksgiving, nicknamed Cyber Monday, was the largest online shopping day in history for U.S. retailers, with $6.59 billion worth of goods sold – a 16.8% increase from the year before.

November 27, 2017

Economic Watch: New Home Sales Hit 10-Year High, Manufacturing Eases a Bit

Sales of new homes rose last month while two separate reports show the nation’s manufacturing sector is nearly as strong this month as it was during October.

November 27, 2017

Cross-Border Freight Value Posts 11th Straight Monthly Increase

The value of freight moved between the U.S. and its North American Free Trade Agreement partners increased for the 11th straight month during September, according to new Transportation Department figures, but it's the smallest gain since April.

November 21, 2017

Economic Watch: Existing Home Sales, Leading Indicators Jump

Existing-home sales increased in October to their strongest pace since earlier this summer, according to a new report, while a separate one showed the overall U.S. economy continued growing at a strong pace last month.

November 17, 2017

Economic Watch: Housing, Industrial Production, E-Commerce Sales Improve

The U.S. housing market improved in October following some ups and downs earlier in the year, while industrial production jumped in part due to increased manufacturing. And e-commerce retail sales continued booming in the third quarter.

November 15, 2017

Economic Watch: Retail Sales, Consumer Prices Edge Higher

One of the biggest drivers of the American economy unexpectedly improved again in October, increasing hopes for a strong overall fourth quarter economic performance. A separate report showed just a minimal rise in inflation, but it’s likely strong enough to led the Federal Reserve to push interest rates higher next month.

November 14, 2017

Economic Watch: Estimated 164 Million Hitting Stores Thanksgiving Weekend

The biggest shopping weekend of the year is right around the corner, and two out of every three Americans are planning to shop or considering shopping during Thanksgiving weekend, according to a new report. And that means a lot of freight moving by trucks.

November 13, 2017

Economic Watch: Global Growth Expected to Hit 3% in 2018

After exceeding expectations in 2017, the global economy is projected to continue its current momentum to generate a 3% growth rate through 2018, according to The Conference Board’s latest Global Economic Outlook.

November 8, 2017

For-Hire Freight Level Continues Hitting New Record Highs

A measure of the amount of freight moved by the nation’s for-hire transportation industry reached another all-time monthly high in September, according to newly released figures, rising 0.2% above the previous highest level hit a month earlier.

November 3, 2017

Perry, Gross to Leave FTR Transportation Intelligence

FTR Transportation Intelligence has announced the conclusion of its business relationships with Noël Perry, principle of Transportation Economics, and Lawrence Gross, president of Gross Transportation Consulting.

November 3, 2017

Economic Watch: Employment Recovers from Previous Month, Factory Orders Strong

Employers added another 261,000 non-farm jobs to the nation’s payrolls in October, but none were from trucking, according to a Labor Department report. A separate report showed another good month for the nation’s factories.

November 1, 2017

Economic Watch: Manufacturing Keeps Expanding but Construction Uneven

The nation’s manufacturing sector continued growing over an array of industries last month, though there is a bit of disagreement as to how fast it is expanding, following the release of two reports.

October 31, 2017

Truckload Linehaul, Intermodal Pricing Jump at Least 4%

Separate measures of truckload linehaul and intermodal rates moved higher in September, according to newly released reports, as the U.S. battered hurricanes and higher fuel prices.

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