Economy

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May 22, 2014

Economic Watch: Manufacturing, Existing Home Sales, Economic Indicators Improve

UPDATED -- Three newly released reports suggest the American economy may finally be shaking off the winter doldrums that brought business activity down in the first quarter, with expectations of improvements well into the year.

May 20, 2014

April Truck Tonnage Up from March, Remains Near All-Time High

The American Trucking Associations’ For-Hire Truck Tonnage Index increased 1.5% in April, after rising 0.6% the previous month, according to newly released figures. In April, the index equaled 129.1 versus 127.2 in March. The all-time high was in November 2013 at 131.

May 16, 2014

Economic Watch: Housing Starts Surge, Consumer Sentiment Dips

Housing starts in the U.S. jumped again in April, while the number of new building permits issued hit it best level since 2008, according to the U.S. Commerce Department.

May 15, 2014

Economic Watch: Consumer Prices Rise, Industrial Production Down

UPDATED -- A new report shows consumer prices rising for the sixth straight month, with the Consumer Price Index increasing 0.3% in April from the month before, the biggest gain in 10 months.

May 14, 2014

DOT Freight Index Up for Second Straight Month, Near Record High

The amount of freight carried by the nation’s for-hire transportation industry rose 1.6% in March from February, rising for the second consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index.

May 14, 2014

Economic Watch: Producer Prices Post Biggest Jump in 18 Months

Prices at the wholesale level surged in April, with the Producer Price Index showing a 0.6% increase from the month before and the largest gain since September 2012, according to the U.S. Labor Department.

May 13, 2014

Economic Watch: April Retail Sales Barely Improve

Retail sales in the U.S. barely moved higher in April, increasing just 0.1% from the month before, according to new Commerce Department figures.

May 7, 2014

Cass Freight Index: Freight Expenditures Hit Highest Level Since 1999

Freight expenditures increased for the third straight month during April while its 2.8% hike follows a 5.4% rise in March and an increase of 6.8% in February.

May 5, 2014

Intermodal Freight Volume Rises 2.6% in First Quarter

Total intermodal freight volumes rose 2.6% above the previous year in the first quarter of 2014, according to new figures from the Intermodal Association of North America, despite extreme weather conditions depressing economic activity across much of the continent.

May 5, 2014

Economic Watch: Non-Manufacturing Activity Highest Since August

Economic activity in the nation’s non-manufacturing sector grew in April for the 51st consecutive month, hitting its highest level since last August, according to the nation’s purchasing and supply executives in the latest Non-Manufacturing Report On Business.

May 2, 2014

Economic Watch: Unemployment Lowest in More Than Five Years; Factory Shipments, Auto Sales Up

UPDATED -- Numbers released Friday by the U.S. Labor Department show 288,000 jobs were added, the most since January 2012, with the unemployment rate falling to 6.3% from 6.7% in March.

May 1, 2014

Economic Watch: Consumer Spending, Construction, Manufacturing Post Gains

UPDATED -- A new report shows U.S. consumer spending in March took its biggest leap forward since August 2009.

April 30, 2014

Economic Watch: First Quarter Growth Flat, April Employment Jumps

UPDATED -- The American economy picked up very little steam in the first quarter of the year, recording its weakest reading since the fourth quarter of 2012, according to a new U.S. Commerce Department report released Wednesday.

April 28, 2014

Economic Watch: Pending Home Sales, Consumer Confidence Best in Months

After months of stagnant activity, pending home sales rose in March, marking the first gain in the past nine months, according to the National Association of Realtors.

April 24, 2014

U.S.-NAFTA Trade Increases, Trucks Gain Most of Any Mode

Two of five transportation modes, truck and pipeline, carried more U.S.-North American Free Trade Agreement freight in February 2014 than compared to the same time a year earlier, according to new U.S. Transportation Department figures.

April 23, 2014

Economic Watch: Sales of New Homes Sink, Manufacturing Rising

UPDATED -- Sales of new single-family homes in the U.S. plunged during March, hitting it lowest level since July and marking the third decline out of the last six months.

April 22, 2014

Report: Global Telematics Market to Grow from $17 Billion to $39 Billion in 2019

A new report forecasts the global commercial telematics market to grow from $17.3 billion this year to $39.15 billion in 2019, representing an compounded annual growth rate of 17.7%.

April 22, 2014

March Truck Tonnage Gains, First Quarter Down From Previous One

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 0.6% in March, after jumping 1.9% the previous month, according to just released figures.

April 22, 2014

Economic Watch: Existing Home Sales Fall Slightly

New figures show existing-home sales fell to their lowest level in more than 18 months during March, according to the National Association of Realtors, but the trend may be staring to ease.

April 21, 2014

Economic Watch: Leading Economic Indicators Surge

A measure of the health of the U.S. economy turned sharply higher last month, according to a report released Monday morning from the private research group The Conference Board.

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