Economy

1  -  20  of  1419

July 2, 2015

Unemployment Lowest in 7 Years, Manufacturing Eases

Economic Watch: The nation’s unemployment rate fell 0.2 of a percent point in June to 5.3%, its lowest rate since April 2008, while 7,400 jobs were added in the for-hire trucking sector.

July 1, 2015

Economic Watch: Jobs Growing, Manufacturing Expanding

Private sector employment in June saw its biggest month-over-month improvement since December, the third month-over-month jump in a row.

June 26, 2015

Economic Watch: Consumer Sentiment Best in Five Months

American consumers are feeling better about the economy with one measure hitting its highest level since January.

June 25, 2015

Economic Watch: Consumer Spending Jumps, Service Sector Declines

Economic Watch: American consumers opened their wallets a whole lot more in May, with consumer spending increasing the most in nearly six years.

June 25, 2015

U.S. Cross-Border Freight Value Declines

The value of U.S.-NAFTA freight totaled $93.3 billion in April, according to new U.S. Transportation Department figures, down 6.8% from the same time a year earlier.

June 24, 2015

Econ Watch: GDP Slowdown Less Than Thought

The U.S. economy contracted less in the first quarter of the year than previously estimated, according to a Commerce Department report released Wednesday.

June 23, 2015

Economic Watch: Durable Goods Fall as Manufacturing Slows

A first look at May orders and shipments of manufactured durable goods, a key indicator for trucking freight.

June 22, 2015

May Truckload Rates Higher, Intermodal Rates Fall

Newly released figures show the Cass Truckload Linehaul Index once again remained higher in May than in each of the past three years, coming in 3.5% higher than May 2014 and 9.5% higher than two years ago.

June 22, 2015

Economic Watch: Existing Home Sales Surge

Fueled partly by an increase in sales to first-time buyers, existing-home sales in May rose to their highest pace in nearly six years.

June 12, 2015

Consumer Confidence Improves, Producer Prices Jump

Consumer confidence rebounded this month, with more people expecting increases in their wages, according to the University of Michigan Survey of Consumers released Friday.

June 11, 2015

Trucking Conditions Index Falls as Capacity Availability Increases

The FTR Trucking Conditions Index fell 9% to a reading of 6.7 in April, weakened by more available capacity and less pressure on rates.

June 11, 2015

Retail Sales Improve for Third Straight Month

Retail sales in the U.S. continue improving after slowing at the end of last year and the beginning of this year, but things could still be better.

June 10, 2015

Report: For-Hire Freight Movements Ease Up

Large declines in trucking and pipeline, coupled with smaller declines in rail carloads and rail intermodal resulted in a decline in the total amount of U.S. for-hire freight movements in April from March.

June 9, 2015

Economic Watch: U.S. Ports Returning to Normal

Import cargo volume at the nation’s major retail container ports has returned to normal levels following ratification of a new West Coast labor agreement, according to the monthly Global Port Tracker report.

June 5, 2015

Employment Numbers Improve, Including Trucking

The current trucking employment level is close to its pre-recession peak, while nationwide employers added more jobs during May.

June 3, 2015

Economic Watch: Job Growth Best Since January

Two days before a government report on unemployment is set to be released, a report from a payroll processor shows 201,000 non-farm, private jobs were added in the U.S. during May, the biggest gain since January.

June 2, 2015

Economic Watch: Factory Orders Drop Again

New orders for factory-made goods continue to disappoint, falling 0.4% in April from the month before and marking the eighth decline in the last nine months.

June 1, 2015

Economic Watch: Manufacturing, Construction Improve; Consumer Spending Stalls

Business conditions in the nation’s manufacturing sector turned around in May from the month before, while construction spending hit a six-year high. A weak spot? Consumer spending.

May 29, 2015

Economic Watch: GDP Shrinks, Consumer Sentiment Sinks

A new government reports shows the American economy contracted in the first quarter of the year for the second straight time.

May 28, 2015

U.S. Cross Border Freight Value Declines

Newly released figures show the value of freight moved between the U.S. and its North American Free Trade Agreement neighbors totaled $96.1 billion in March, a 5.3% decline from a year ago, but three out of five transportation modes carried more cross-border cargo.

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