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October 8, 2015

Slow Economic Growth Likely to Continue; Fed Policy Big Unknown

One economist is predicting continued slow growth for the economy, but believes our current economic models aren’t working when it comes to federal fiscal policy.

October 2, 2015

Economic Watch: Employment, Manufacturing Disappoint; Construction Skyrockets

Despite a booming construction sector, the latest reports on jobs and manufacturing have some concerned that the U.S. economy is losing some of its steam.

October 1, 2015

Truck Demand May Be Slower Through 2016

After a strong end to 2014 and early 2015, the truck market has softened. With several unknown factors like regulations and fluctuating economic conditions, it looks like this trend may continue for a while.

September 30, 2015

Economic Watch: September Job Additions Total 200,000

Private sector employment increased by 200,000 jobs from August to September, according to a new report from the payroll processor ADP, but manufacturing lost jobs.

September 29, 2015

Economist Shares Positive Outlook at ACT Research Seminar

At least one economist is feeling good about the U.S. economy. Speaking at the 53rd ACT Research seminar Tuesday, Augustine Faucher, senior economist for PNC Financial Services Group, told the audience that the market “continues to look good for U.S. produced goods.”

September 29, 2015

U.S.-Cross Border Freight Movements Drop 8% in Value

The value of freight moved between the U.S. and its next door neighbors Canada and Mexico totaled $93 billion in July 2015. All modes except air carried less freight than in July 2014.

September 29, 2015

Economic Watch: Consumer Confidence, Spending Increasing

Consumers are feeling better than they were before and are spending more money because they are taking home larger paychecks, according two new reports. That bodes well for truck freight.

September 25, 2015

Swift Transportation Revises Profit Expectations

Swift Transportation has lowered projections for profits for the final two quarters of the year and for the full year, due in large part to at least one accident, legal claims and expected lower freight volume.

September 25, 2015

Economic Watch: GDP Revised Upward, Consumer Sentiment Declines

The U.S. economy performed better in the second quarter of the year than earlier thought, according to a new Commerce Department report Friday, leaving some wondering if this puts the Federal Reserve closer to raising interest rates.

September 24, 2015

Economic Watch: Manufacturing Cools, New Homes Soar

Economic watchers got a mixed bag of reports on Thursday. One showed an easing in part of the manufacturing sector, including a measure of business investment. However, two others were upbeat regarding housing and the upcoming holiday sales season.

September 23, 2015

Economic Watch: Manufacturing Still Sluggish, Construction Declines

September marks another month of relatively subdued growth across the U.S. manufacturing sector, according to a preliminary report, and construction activity in the U.S. retreated in August.

September 21, 2015

Crude Oil Prices Affect U.S. Production

Crude oil prices are moving higher amid concerns that low prices have led to too many crude production cuts.

September 21, 2015

Economic Watch: Existing Home Sales Slow

Following three straight months of gains, existing–home sales dipped in August, according to a new report from the National Association of Realtors.

September 18, 2015

Economic Watch: Leading Economic Index Points to Slow Growth

A measure of the health of the nation’s economy and where it's headed moved slightly higher, but one analyst says the rate of growth remains unimpressive.

September 17, 2015

Economic Watch: Interest Rates Unchanged, Housing Starts Fall

Following a highly anticipated two-day meeting, the U.S. Federal Reserve’s Open Market Committee announced it is keeping interest rates unchanged, despite earlier indications it was moving toward a hike.

September 16, 2015

Economic Watch: Inflation Well Below Fed’s Goal for Interest Rate Hike

As the U.S. Federal Reserve’s Federal Open Market Committee begins a two-day policy meeting to decide whether to raise interest rates, it’s missing one key element.

September 16, 2015

FedEx Reports $692 Million Profit, Increases Rates

FedEx Corp.'s profits in its most recent fiscal quarter increased from a year earlier, but the company lowered expectations for the full year.

September 15, 2015

Economic Watch: Latest Indicators May Keep Lid on Interest Rate Hike

Retail sales in the U.S. posted another gain in August, leaving some wondering if it will be enough to push the Federal Reserve to hike interest rates from near zero for the first time in several years.

September 14, 2015

Economy Improving, But Challenges Abound

There are a number of positives for the U.S. economy and for trucking going forward, but a number of “headwinds” remain. That according to John Larkin, managing director of the investment firm Stifel, Nicolaus & Company.

September 14, 2015

Cass Freight Index Posts Unusual Drop for August

North American freight shipment volume and expenditures dropped for the second month in a row during August as the summer slowdown hit.



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