June 18, 2013
Fears that the trucking industry and the overall economy are hitting a soft patch during the second quarter may be eased a bit following a new report showing truck tonnage in May increased 2.3% from April, turning in a stellar performance.
New home starts in the U.S. in May jumped significantly in May, increasing 6.8% from the month before.
June 14, 2013
While not all the recent numbers that measure the health of the U.S. economy are glowing, they are not as bad, and in some cases much better, than analysts were expecting during this second quarter.
June 11, 2013
To sum up the general economic outlook for the upcoming months in one sentence: More of the same for 2013 and then better in 2014. That is how FTR Associates Senior Consultant Bill Witte predicted the overall economy will be in the near future at the recent State of Freight Summit held by FTR.
June 7, 2013
Despite a drop in trucking jobs in May, employment in the for-hire trucking segment is up greatly from earlier levels, with about 40,000 jobs being added in the past 12 months and around 152,000 added from three years ago.
June 5, 2013
The overall April increase was less than a consensus forecast of economist polled by Reuters, increasing concerns that these and other economic indicators show the economy is not as robust in the second quarter of the year as it was during the first quarter.
June 4, 2013
If traffic congestion is a good indicator of the health of the economy, then some economists’ recent concerns about hitting a so-called “soft patch” during the current quarter may be unfounded.
June 3, 2013
Total spending in the United State on construction remains volatile. while manufacturing has declined. A new report from the U.S. Commerce Department show construction spending in April increased 0.4% from the month before. In March activity fell 0.8%, after rising in February and declining 4% in January.
May 31, 2013
Consumers pulled back on their spending in April -- dropping 0.2% from a downwardly revised 0.1% increase in March -- but still have good confidence in the American economy, according to separate reports.
May 30, 2013
The U.S. Commerce Department reports the gross domestic product expanded at an annual rate of 2.4%, down from 2.5% reported last month. The rate is still much higher than the 0.4% rate reported in the final quarter of last year.
May 29, 2013
A new report issued by the American Trucking Associations shows trucking continues to be the dominant mode of freight transportation in the United States as even more goods were delivered by truck.
A new U.S. Transportation Department report shows the value of goods moving between the U.S. and its NAFTA partners by all modes of transportation decreased by 4% in March compared to a year ago, but rose 63.7% compared to March 2009.
May 28, 2013
Despite federal budget cutbacks and people getting hit with Social Security taxes returning to normal, consumers feel better about the American economy than they have in five years.
May 24, 2013
A first look one economic indicator shows improvement in one area of durable goods while conditions lag in another – but some analysts say this part of U.S. economy continues to improve.
May 17, 2013
A barometer of future U.S. economic activity rose in April following a drop in March, signaling growth could speed up later in the year. The Index of Leading Economic Indicators from the private research group The Conference Board, shows a 0.6% gain in April to 95, following a downwardly revised 0.2% drop in March.
May 16, 2013
Building of new homes in the United States fell in April to its lowest level since November, but the rate is still well above the same time a year ago, and new building permits are at their highest level since June 2008.
May 15, 2013
Industrial production in the United States tumbled in April, the biggest drop in eight months. The Federal Reserve says the total output at the nation’s factories, mines and utilities fell 0.5% following a downwardly revised 0.3% gain in March.
May 13, 2013
Retail sales in the United State edged slightly higher in April after falling the month before, but analysts say the gains are broad-based.
May 8, 2013
The amount of freight carried by the for-hire transportation industry rose 0.3% in March from February, rising for the fifth month in a row, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
May 3, 2013
Job creation overall in the United States as well as in trucking both posted solid gains in April according to a new report, leading to a surge on Wall Street as well as an increase in the price of oil.
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