Economy

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April 23, 2014

Economic Watch: Sales of New Homes Sink, Manufacturing Rising

UPDATED -- Sales of new single-family homes in the U.S. plunged during March, hitting it lowest level since July and marking the third decline out of the last six months.

April 22, 2014

Report: Global Telematics Market to Grow from $17 Billion to $39 Billion in 2019

A new report forecasts the global commercial telematics market to grow from $17.3 billion this year to $39.15 billion in 2019, representing an compounded annual growth rate of 17.7%.

April 22, 2014

March Truck Tonnage Gains, First Quarter Down From Previous One

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 0.6% in March, after jumping 1.9% the previous month, according to just released figures.

April 22, 2014

Economic Watch: Existing Home Sales Fall Slightly

New figures show existing-home sales fell to their lowest level in more than 18 months during March, according to the National Association of Realtors, but the trend may be staring to ease.

April 21, 2014

Economic Watch: Leading Economic Indicators Surge

A measure of the health of the U.S. economy turned sharply higher last month, according to a report released Monday morning from the private research group The Conference Board.

April 17, 2014

Truckload Linehaul, Intermodal Price Indices Hit New Highs

Truckload linehaul rates spiked in March, with the Cass Truckload Linehaul Index surpassing the 120 mark, showing a 6% year-over-year increase.

April 16, 2014

Economic Watch: New Home Starts Mixed, Industrial Production Up

The number of new home starts in the U.S. picked up slightly in March but is below the pace from a year earlier, according to a new U.S. Commerce Department report.

April 15, 2014

Economic Watch: Inflation in Check, Homebuilder Confidence Rises

A new report shows inflation remains in check with consumer prices increasing 0.2% in March, following a 0.1% gain in February, according to the U.S. Labor Department.

April 14, 2014

Economic Watch: March Retail Sales Post Biggest Hike Since 2012

The 1.1% increase from the month before comes as February’s figures was revised upward from a 0.3% increase to a 0.7% gain, following declines in January and December.

April 11, 2014

Economic Watch: Wholesale Prices, Consumer Sentiment Both Rise

UPDATED -- Prices at the wholesale level increased 0.5% in March, the biggest hike since June, according to a new U.S. Labor Department report

April 10, 2014

Economic Watch: First Time Jobless Benefit Claims Plummet

The number of Americans filing first-time jobless claims in the U.S. for the week ending April 5 posted its largest weekly decline since December 2012 with the lowest level of claims hit since March 2007.

April 9, 2014

DOT Freight Index Hits Third Highest Level on Record

The amount of freight carried by the nation’s for-hire transportation industry rose 1.2% in February from January, rising after two consecutive monthly declines.

April 8, 2014

Strong Volume Reflected in Cass Freight Index

March freight shipment volume in the U.S. increased 6.6% over the prior month, on top of the 7.3% rise seen in February, according to the just released Cass Freight Index.

April 3, 2014

Economic Watch: Non-Manufacturing Activity Increased During March

A measure of the health of the nation’s non-manufacturing sector shows it grew in March for the 50th consecutive month, according to the nation's purchasing and supply executives.

April 2, 2014

Economic Watch: Employment, Factory Shipments and Orders Post Gains

Private sector employment in the U.S. increased by 191,000 jobs from February to March, according to the March ADP National Employment Report released Wednesday.

April 2, 2014

Trucking Conditions Index Reflects Unprecedented Capacity Constraints

A new report shows business conditions in the trucking industry remain positive, despite a slight downturn, amid warnings of a possible capacity shortage.

April 1, 2014

Economic Watch: Manufacturing Expands, Construction Flat

Economic activity in the U.S. manufacturing sector expanded in March for the 10th consecutive month, and the overall economy grew for the 58th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business.

March 31, 2014

Economic Watch: Consumer Spending and GDP Gain Among Other Indicators

New figures show biggest driver of the U.S. economy increased last month while the overall economy grew more than estimated a month ago.

March 21, 2014

Economic Watch: New Construction Down Slightly

After the strong finish to last year, the construction start statistics have shown lackluster activity during the first two months of 2014, totaling an annual rate $486.7 billion last month.

March 20, 2014

U.S. NAFTA Surface Trade Increased in 2013, Trucking’s Share Dips

A new U.S. Transportation Department repot shows three of the five surface transportation modes, truck, rail and pipeline, carried more U.S. trade with North American Free Trade Agreement partners Canada and Mexico by value in 2013 than compared to the year before.

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