Economy

21  -  40  of  1810

April 28, 2017

Economic Watch: GDP Growth Slows, Positive Signs for Trucking Remain

The U.S. economy grew at the weakest rate in three years during the first quarter of 2017, according to an advanced estimate by the Commerce Department, but economists remain optimistic about future performance.

April 27, 2017

Trucking’s Share of Cross-Border Freight Declines

Trucking was not a part of the overall increase in the value of freight moved between the U.S. and its North American Free Trade Agreement partners during February, according to new Transportation Department figures.

April 27, 2017

Economic Watch: Equipment Spending Solid, New Homes Sales Brisk

New orders for long-lasting durable goods increased less than expected during March, according to a new Commerce Department report, but business investment on equipment appears to be solid following the rut it was in for nearly a couple of years.

April 21, 2017

Economic Watch: Conditions Not as Bad as Recent Hard Numbers Suggest

There are good indications the U.S. economy will further strengthen following recent reports that conditions slowed a bit in the first quarter of the year and at the beginning of the second quarter.

April 18, 2017

Economic Watch: Weaker Numbers for Manufacturing, Housing

A measure of industrial production in the U.S. moved higher despite an easing in manufacturing, while the housing market also gave up some recent gains, according to reports issued Tuesday.

April 17, 2017

Earnings Watch: J.B. Hunt First Quarter Profit Inches Higher

The first quarter earnings reporting season for trucking kicked off on Monday morning when multi-modal freight transportation provider J.B. Hunt Transportation Services Inc. released numbers showing slight improvements from the same time a year ago.

April 14, 2017

What, Me Worry About Higher Interest Rates?

What does last month's interest rate hike by the Fed mean to trucking? Evan Lockridge explores the question in his monthly HDT Econ Watch column.

April 14, 2017

Economic Watch: Retail Sales Ease as Consumer Prices Drop Slightly

Retail sales fell for the second straight month during March, according to the Commerce Department on Friday. Separate reports showed consumer prices declined – but there are expectations that retail imports will continue to grow as the overall economy expands.

April 12, 2017

For-Hire Freight Shipments Hit New Record High

A measure of U.S. for-hire freight movements set another record high in February, according to new Transportation Department figures released Wednesday, following no change the month before.

April 7, 2017

Economic Watch: Trucking Helps Push Unemployment to Near 10-Year Low

While the number of jobs added in the U.S. slowed dramatically during March, trucking supplied a big part of the gain, according to Labor Department figures released Friday, helping push the unemployment rate down to almost a 10-year low.

April 5, 2017

Economic Watch: Private Employment Jumps, Service Sector Growth Slows

Private sector employers in the U.S. added the most jobs during March in more than two years, according to figures released Wednesday, while a separate reported showed economic activity in the service sector has eased a bit.

April 4, 2017

Economic Watch: Factory Orders, Trade Deficit Improve; Auto Sales Drop

Despite a possible sign auto sales may have plateaued, several economic reports this week continue to look strong, including factory-made goods and the U.S. trade deficit.

April 3, 2017

Economic Watch: Manufacturing Growth Slows; Construction Hits 11-Year High

Two indicators show that while the manufacturing sector of the economy continued to grow in March, its rate of growth was slower than the month before. Meanwhile, a separate report showed construction spending rebounded to a level that’s the highest in more than a decade.

March 27, 2017

Optimism Spurs Increased Heavy-Duty Truck Sales Predictions

There was a sense of optimism in the air at the Mid-America Trucking Show in Louisville, Kentucky, last week. As truck makers and suppliers made their presentations to the trucking press, many said thanks to solid economic indicators, truck orders are higher than they would have predicted just three to six months ago.

March 24, 2017

Schneider National Goes Public With IPO Announcement

Schneider National announced the launch of its initial public offering of 28,947,000 shares of Class B common stock at an anticipated price of $18-$20 per share valued at up to $580 million.

March 24, 2017

Economic Watch: Latest Readings Show Mixed Results, Lower Expectations

Orders for long-lasting durable goods increased more than expected last month while a snapshot of manufacturing activity showed it slowed this month and there were mixed results for housing during February, according to four new economic reports.

March 23, 2017

Cross-Border Freight Value Up for Third Straight Month

The year started out with trucking and the other four major transportation modes carrying more freight by value with North American Free Trade Agreement (NAFTA) partners Canada and Mexico in January than compared to a year earlier, according to new Transportation Department figures.

March 16, 2017

ATA Announces First Economic Summit

American Trucking Associations is launching an Economic Summit that will bring together chief economists from several trade associations for an outlook on each speaker's industry and how it could impact trucking.

March 15, 2017

Economic Watch: Fed Pushes Interest Rates Higher Amid Improving Signs

The Federal Reserve on Wednesday increased the nation’s benchmark interest rate for the third time since its first hike in nearly a decade in December 2015, amid evidence of a steady economy and indications of more interest rate increases later this year.

March 13, 2017

Analysis: Mining for Economic Gold

There are largely overlooked nuggets of information buried in the numbers about the economy and trucking that could be the most telling sign of where conditions are headed, writes Evan Lockridge in his Econ Watch column from the March issue of Heavy Duty Trucking magazine.

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