Economy

21  -  40  of  1822

May 24, 2017

Economic Watch: Existing and New Home Sales Slow

Sales of both existing and new homes fell in April, according to two separate reports, as the nation’s home supply continues tightening.

May 23, 2017

ATA April Truck Tonnage Drops for Third Month

The American Trucking Associations’ advanced seasonally adjusted For-Hire-Truck Tonnage Index slid 2.5% in April, marking the third straight month of declines.

May 23, 2017

Economic Watch: May Manufacturing Activity Eases, Says Preliminary Report

A surge seen early this year in the nation’s manufacturing sector continued to lose steam this month, hitting an eight-month low.

May 23, 2017

Cross Border Freight Value Jumps Nearly 11%

The value of freight moved between the U.S. and its next door neighbor countries has spiked as all five major transportation modes carried more cargo in March compared to the year before, according to new Transportation Department figures.

May 16, 2017

Economic Watch: Industrial Production, E-Commerce Jump; Home Starts Drop

Industrial production in the U.S. rose in April more than expected and by the fastest rate in more than three years, according to a new report issued Tuesday. Meanwhile, separate reports show e-commerce continues to boom but the building of new homes fell for the second straight month.

May 12, 2017

For-Hire Trucking Index Shows 7th Straight Positive Reading

Following a three-year high in the previous month, April’s volume grew slower, according to the latest release of ACT Research’s For-Hire Trucking Index.

May 12, 2017

Economic Watch: Retail Sales Bounce Back along with Inflation Pressures

Retail sales in the U.S. bounced back in April after falling the month before as two readings of inflation also rebounded, all raising the prospect that the Federal Reserve will increase interest rates again in June.

May 11, 2017

Analysis: Look Deeper Into GDP Numbers for Better Trucking Insight

GDP doesn't always tell the whole story of trucking's economic climate. That's why MacKay & Company developed its proprietary measure, Truckable Economic Activity, reflecting the portion of the GDP that spends its time in trucks.

May 10, 2017

For-Hire Freight Eases Back from Record High

After setting a new record high, a monthly gauge of freight moved by the nation’s for-hire transportation industry retreated, according to new Transportation Department figures.

May 8, 2017

Celadon Stock in Danger of Being Delisted from NYSE

Celadon Group announced that it has been notified by the New York Stock Exchange that it has failed to meet the exchange's listing standard, which could result in the company’s stock being delisted.

May 5, 2017

Economic Watch: Unemployment Lowest in a Decade, Factory Orders Move Higher

Unemployment in the U.S. has fallen again, hitting its lowest level in a decade but minus any contribution from trucking in April, according to a new report released Friday. Meanwhile, a separate report shows some improvements in the nation’s struggling manufacturing sector.

May 1, 2017

Economic Watch: Manufacturing Growth Slows Along with Incomes, Construction

Activity in the nation’s manufacturing sector continued to throttle back in April from a near two-year peak earlier in 2017, but it continues to expand. Separate reports show drops in consumer spending and construction, but analysts remain generally optimistic about the entire year.

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.

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