Economy

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September 30, 2014

Economic Watch: Consumer Confidence Falls from Seven-Year High

The latest reading on the U.S. economy shows consumers have a dimmer view this month, according to one private research group.

September 29, 2014

Economic Watch: Personal Spending, Income, Consumer Sentiment Higher

Personal spending in the U.S. increased 0.5% in August from the month before, according to a new Commerce Department report. However, the pace may be slower than it should be to support the continued pace of manufacturing, says one analyst.

September 26, 2014

Economic Watch: Second Quarter Economic Growth Surges to 4.6% Pace

This revision to the gross domestic product shows the economy rebounded at its fastest pace in two and a half years and compares to a decline in the first quarter at an annual rate of 2.1%.

September 25, 2014

U.S.-NAFTA Freight Movements Gain 8.5% in July, Led by Trucking

New U.S. Transportation Department figures show it totaled $101.1 billion, with increases in all five major transportation modes: air, vessel, pipeline, rail, and trucks. This is the fifth consecutive month with U.S.-NAFTA freight flows exceeding $100 billion.

September 25, 2014

Economic Watch: Durable Goods Decline, Services Sector Remains Strong

Shipments of manufactured durable goods fell 1.5% from July following a 3.7% increase in July from June. An overall decline of this amount was expected, according to a poll of economists.

September 25, 2014

Truckload Linehaul, Intermodal Rates Post Solid Gains

Truckload linehaul rates for North America maintained their ongoing climb in August, with the Cass Truckload Linehaul Index gaining a solid 7% over August 2013.

September 24, 2014

Economic Watch: New Home Sales Skyrocket to Six-Year High

Sales of new single-family homes in the U.S. are booming with it hitting its highest level in six years during August and posting the second straight monthly gain.

September 23, 2014

ATA Truck Tonnage Index Hits Record High in August

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1.6% in August to a record high, following a gain of 1.5% the previous month.

September 23, 2014

Economic Watch: Manufacturing Continues Strong Performance

A measure of the strength of the U.S. manufacturing sector was unchanged this month from August, but remains strong at a 52-month high, according to a new report released Tuesday morning by the financial information services provider Markit Economics.

September 22, 2014

Trucking Productivity Facing Challenges

Logistics cost as a percent of GDP has been declining over the last 30 years, from 16% before deregulation to 8% now. But while logistics costs have been reduced, productivity has leveled out and may even decrease, according to Stifel's John Larkin, speaking at TMW's annual user conference.

September 22, 2014

Economic Watch: Existing Home Sales Slip, Total U.S. Construction Falls

After four consecutive months of gains, existing-home sales slipped in August, according to the National Association of Realtors, but remains near its highest level so far this year.

September 19, 2014

Economic Watch: Leading Indicators Lose Momentum in August

The Leading Economic Index, from the private research group The Conference Board, increased 0.2% in August to 103.8, following upwardly revised increases of 1.1% in July, and 0.7% in June.

September 18, 2014

Economic Watch: Housing Starts Dive in August Following July Surge

Housing starts in the U.S. plunged in August from the month before but the level of activity was still higher than the same time a year earlier, according to the U.S. Commerce Department.

September 17, 2014

Economic Watch: Consumer Prices Fall, Homebuilders Most Optimistic Since 2005

The threat of inflation to the U.S. economy appears to be muted, with a report issued Wednesday showing consumer prices in August fell for the first time in 16 months.

September 16, 2014

Economic Watch: Producer Prices Unchanged in August

The Producer Price Index was unchanged, following a 0.1% gain in July and a 0.4% jump during June.

September 15, 2014

Economic Watch: Industrial Production Falls Slightly

Industrial production in the U.S. fell slightly in August, its first decline since January, according to a report released Monday by the Federal Reserve.

September 12, 2014

Economic Watch: Retail Sales Best in Four Months

The U.S. Commerce Department on Friday reported August retail sales were up 0.6% from the month before and 5% higher than the same time a year ago.

September 10, 2014

Freight Transportation Index Increases to Near All-Time High

A measure of the amount of freight carried by the nation’s for hire transportation industry increased 0.9% in July following a one-month decline.

September 9, 2014

Cass Freight Index Advances, Freight Spending Slips

North American freight volumes bounced back in August from a normal July dip, but it did not lead to a similar increase in freight spending, according to the Cass Freight Index.

September 5, 2014

Rail Intermodal Traffic at or Near Record Highs

Intermodal rail traffic levels remained strong in August, hitting new highs or coming close to it, according to the Association of American Railroads.

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