Economy

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March 12, 2015

Economic Watch: Retail Sales Fall for Third Straight Month

Retail sales in the U.S. fell for the third straight month in February as harsh weather in much of the country kept consumers and their wallets at home.

March 11, 2015

DOT Freight Index Moves Lower For Second Straight Month

The amount of freight moved by the nation’s for-hire transportation industry fell slightly in January from the month before, but remains close to its record high level.

March 11, 2015

Freight Shipments, Spending Increase in Latest Cass Index

North American shipment volume jumped up in February, while total freight expenditures reversed a four-month slump, according to the latest Cass Freight Index.

March 10, 2015

Economy Still Sending Mixed Signals as Capacity Crunch Looms

Some economic indicators have not bounced back as well as others in the recovery from the Great Recession, but trucking is doing well, and a capacity crunch leads economic expert John Larkin to project truckload rates will rise this year.

March 6, 2015

Used Truck Sales 2nd Highest in a Decade, IHS Says

Class 8, the largest single segment, last year accounted for 271,000 units. 2010 was even stronger, with 320,000 Class 8 transactions.

March 6, 2015

Economic Watch: Unemployment Falls Again, Factory Activity Down

Both the unemployment rate and the number of people without jobs fell in February, according to Labor Department figures released Friday.

March 4, 2015

Economic Watch: Job Gains Ease Last Month, Service Sector Expands

Employment in the private sector increased again in February, but it was the weakest gain in six months.

March 2, 2015

Economic Watch: Manufacturing Growth Continues, Construction Spending Slows

Growth continued in the U.S. manufacturing sector during February, according to two separate reports released Monday, but they showed different trends.

March 2, 2015

Economic Watch: Consumer Spending Falls Slightly, GDP Revised Downward

U.S. consumer spending fell slightly in January as gasoline prices remained low, according to new Commerce Department report released Monday.

February 26, 2015

Trucks Continue Moving Majority of U.S.-NAFTA Trade

The value of freight moved between the U.S. and its North America neighbors increased for the 11th consecutive month in December while the total level for 2014 was better than the year before.

February 26, 2015

Economic Watch: Retail Prices Fall, Durable Goods Orders Up

Retail prices fell in January from the month before and from a year earlier, marking the first annual drop in more than five years.

February 25, 2015

Economic Watch: New Home Sales Dip

Sales of new single-family homes slipped in January from the month before but are up compared to the same time a year earlier.

February 24, 2015

Truck Tonnage Hits All-Time High In January

The For-Hire Truck Tonnage Index hit an all-time high of 135.7 in January according to the seasonally adjusted report from American Trucking Associations.

February 24, 2015

Economic Watch: Consumer Confidence Falls, Service Sector Rebounds Strongly

Consumer confidence fell this month from a more than seven-year high last month, according to a new report from the private research group The Conference Board.

February 23, 2015

Economic Watch: Existing Home Sales Fall, Total Construction Rises

Existing-home sales in the U.S. declined in January to their lowest rate in nine months, but the pace was higher than a year ago for the fourth straight month, according to the National Association of Realtors.

February 19, 2015

Economic Watch: Leading Indicators Increase at Slower Pace

A measure of where the American economy is headed three to six months down the road registered another monthly increase but the pace was slower than in recent months.

February 18, 2015

Trucking Conditions Index Shows Improvements

Business conditions in the trucking industry improved dramatically the final month of 2014, according to a new report from the transportation forecasting firm FTR.

February 17, 2015

Economic Watch: Homebuilder, Consumer Confidence Ease

Builder confidence in the market for newly built, single-family homes in February fell two points to a level of 55, according to the National Association of Home Builders/Wells Fargo Housing Market Index released on Tuesday.

February 12, 2015

Economic Watch: Retail Sales Slump, Container Volume to Increase

U.S. retail sales slumped in January for the second straight months, falling 0.8% from the month before, according to a new Commerce Department report and double the amount forecast by many economists.

February 11, 2015

For-Hire Freight Index Stable, Remains Near Record High

The latest reading on freight movements in the U.S. shows the amount carried by the for-hire transportation industry was virtually unchanged in December from November, failing to rise after five consecutive months of increases, according to the U.S. Department of Transportation.

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