Economy

261  -  280  of  1273

July 10, 2013

DOT Report Shows Freight Shipments Higher in May Than April

The amount of freight carried by the for-hire transportation industry rose 1.2% in May from April, rising after a one-month decline, according to the U.S. Department of Transportation Freight Transportation Services Index.

July 8, 2013

Spot Market Freight Levels and Rates Bounce Back in June from May

While June was a better month than May for spot market freight, it still was nowhere as good compared to the same time a year ago. However, things are expected to improve, at least month-to-month.

July 2, 2013

Economic Watch: Factory Shipments and Orders Increase in May

Shipments and new orders for manufactured goods in the United States both headed higher in May, according to a new U.S. Commerce Department report, easing earlier fears this important sector to trucking and the economy might be in for tougher times.

July 1, 2013

Economic Watch: Construction Spending and Manufacturing Growing, Consumer Sentiment High

Overall construction spending in the United States during May rebounded sharply from the month before, thanks in part to an uptick in spending on public construction projects, while an other report shows manufacturing returned to expansion mode in June.

June 26, 2013

Economic Watch: More Traffic Congestion, Better Economy

If trucking is the lifeblood of the nation’s economy, then surprisingly, there is no reason for alarm if the arteries carrying those trucks seem a little clogged. Traffic information services provider Inrix reports traffic congestion rose nationally more than 9% in May, signaling the continued strengthening of the national economy.

June 26, 2013

Economic Watch: GDP Growth Revised Downward for First Quarter

The U.S. economy grew less in the first quarter of the year than previously estimated, thanks to lower consumer spending numbers and fewer exports, but the final GDP number is still an improvement over the previous quarter.

June 25, 2013

Economic Watch: Durable Goods, New Home Sales & Consumer Confidence Up

The first look by the federal government at orders and shipments of manufactured durable goods in May shows conditions continue improving. More good news came from the housing sector and in consumer confidence.

June 20, 2013

Economic Watch: Confidence, Existing Home Sales Move Higher, Navistar Stock Plummets

“Despite month-to-month volatility, the LEI’s six-month growth rate remains steady, suggesting that conditions in the economy remain resilient,” says Ataman Ozyildirim, economist at The Conference Board. “Widespread gains in the leading indicators over the last six months suggest there is some upside potential for economic activity in the second half of the year.”

June 19, 2013

Logistics Report: Get Used to the ‘New Normal’ of Slow Growth

Considering the implosion that occurred in the wake of the go-go years before 2007, the current condition of slow economic growth has a certain appeal, according to the author of a new State of Logistics Report.

June 18, 2013

Truck Tonnage Surges in May to Best Level on Record

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.

June 18, 2013

Economic Watch: Home Starts Up, Inflation in Check

New home starts in the U.S. in May jumped significantly in May, increasing 6.8% from the month before.

June 14, 2013

New Numbers Show Economy May be Better Than Earlier Thought

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

FTR Gives Insight Into State of General Economy, Trucking Industry

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

Trucking Sheds Jobs in May While 175,000 Added Overall

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

Factory Shipments Fell in April While New Orders Increased

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

Increasing Traffic Congestion May Point to Strengthening Economy

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

Construction Spending Increases, Manufacturing Declines

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

Consumer Spending Retreats but Consumers are Very Upbeat

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

U.S. Economy Grew at 2.4% Rate in Q1, Down Slightly from First Estimate

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

Trucking Continues as Dominant Freight Transportation Mode

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.

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