Economy

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August 4, 2017

Economic Watch: Employment Surges, Exports Highest in 2+ Years

Employers in the U.S. continued adding a strong number of jobs in July, while separate reports show better exports and factory orders.

August 1, 2017

Economic Watch: Manufacturing Solid, Construction Disappoints

U.S. manufacturing activity in July remained solid, according to two reports issued Tuesday while separate ones showed overall construction activity in the U.S. eased as consumer spending and personal incomes barely improved.

July 31, 2017

Value of U.S.-NAFTA Freight Rises for 7th Straight Month

A rise in the value of cross-border trucking freight between the U.S. and the other two North American Free Trade Agreement partner counties helped push total value of commodities higher for the seventh straight month in May, according to a new Transportation Department report.

July 19, 2017

ATA Forecasts Steady Rise in Truck Tonnage Over Next Decade

The ATA Freight Transportation Forecast is projecting steadily increasing freight tonnage overall and for the trucking industry for the next ten years.

July 19, 2017

Economic Watch: Concerns Remain Despite Housing Rebound

Housing starts in the U.S. bounced back, according to a new Commerce Department report, but concerns remain about the future of the housing market as well as the wider economy.

July 12, 2017

For-Hire Freight Rebounds, Hits New Record High

The level of freight moved by the nation’s for-hire transporters rebounded in May following a two-month decline, according to the U.S. Transportation Department.

July 11, 2017

Forecast Calls for Continued Low Oil, Fuel Prices

Lower than earlier forecast crude oil prices are expected to translate into continued low prices at the pumps for both diesel and gasoline, according to a new U.S. Energy Department report.

July 10, 2017

Economic Watch: Imports Could Hit New Record High Following Big Gains

July and August should be two of the busiest months ever seen for imports at the nation’s major retail container ports, possibly setting a new record as merchants enter the back-to-school season and begin to stock up for the holiday season that will follow, according to a new forecast from the National Retail Federation, a retail trade association.

July 7, 2017

Economic Watch: Employment Growth Remains Strong

The number of job gains showed no signs of easing up in June, as the Labor Department reports strong additions, with hiring better than previously estimated.

July 5, 2017

Economic Watch: No Consensus on Factory Activity; Construction Flat

There are conflicting reports on activity in the nation’s manufacturing sector. One report says it moved into high gear in June, hitting a near three-year high, while a separate one indicated conditions were the weakest since last September.

July 1, 2017

Analysis: Don't Mind the Bumps, Numbers Still Look Promising for 2017

It seems just as soon as one report comes out saying there are indications the economy (and trucking) continues to get better, another follows that seems to point the other way, says business contributing editor Evan Lockridge in his July column.

June 29, 2017

Economic Watch: Overall Growth Revised Upward

The U.S. economy grew faster in the first quarter of the year than earlier estimates indicated, according to a Commerce Department report released Thursday, but there’s little optimism there the second quarter will show a big surge.

June 26, 2017

Economic Watch: Slowing Factory Activity Leads to Growing Concerns

A preliminary report released Monday showed a drop in a key benchmark for future business spending, as total orders and shipments of durable goods were mixed, according to the Commerce Department.

June 23, 2017

Economic Watch: Manufacturing Hits Nine-Month Low, Home Sales Rebound

A first look at the nation’s manufacturing sector this month shows conditions have hit a nine-month low, while home sales have roared back amid near-term expectations the overall economy will continue with a moderate expansion.

June 23, 2017

Trucking’s Share of Cross-Border Freight Falls

The value of freight moved between the U.S and its North American Free Trade Agreement partners Canada and Mexico moved higher in April for the sixth straight month, but trucking's share fell, according to new U.S. Transportation Department figures.

June 19, 2017

Improved Freight Demand Could Increase Equipment Purchases

FTR’s Trucking Conditions Index showed improving freight demand while ACT Research's For-Hire Trucking Index indicated that fleets were looking to buy new equipment.

June 16, 2017

Economic Watch: Housing, Consumer Confidence Down as Industrial Production Stalls

Political uncertainty could be partially to blame for some less-than-stellar economic reports, with show housing starts dropping, consumer confidence slipping, and industrial production stalled.

June 14, 2017

Economic Watch: Fed Hikes Interest Rates Again; Retail Sales, Inflation Ease

Despite retail sales falling by the biggest amount in 16 months and a dip in consumer prices, the Federal Reserve raised interest rates on Wednesday for the third consecutive quarter as the central bank signaled its confidence in the U.S. economy.

June 14, 2017

For-Hire Freight Falls for Second Straight Month

A measure of total for-hire freight movements in the U.S. fell for the second straight month in April, according to a report issued Wednesday by Transportation Department.

June 7, 2017

New Economic Indicators for Truck Freight Use DAT Truckload Data

Broughton Capital, an independent financial research firm, has unveiled a set of tools for truckload industry market watchers called DAT Freight Barometers.

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