Economy

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January 20, 2016

Economic Watch: Core Consumer Prices Up, Homebuilding Brisk

Inflation at the retail level is anything but a threat to the health of the U.S. economy with newly released figures showing a drop in the final month of 2015 while the housing market is expected to continue improving.

January 15, 2016

Economic Watch: Latest Indicators Lagging but Consumers Upbeat

The latest numbers about the state of the American economy show activity has slowed in key sectors, including one of the biggest drivers, with retail sales turning in its weakest improvement since 2009.

January 14, 2016

For-Hire Freight Movements See Biggest Drop in Nearly a Year

The amount of freight moved by the nation’s for-hire transportation sector moved lower in a government index that it says is an indicator of economic cycles.

January 13, 2016

Diesel Price Forecast Revised Much Lower

Federal government expectations for diesel and gasoline prices for this year have been revised significantly lower, as oil is expected to continue to sell for far less that it was in mid-2014.

January 13, 2016

Freight Spending, Shipments Continue Decline

Both the number of shipments and expenditures on freight transportation by shippers continued their downward slide in December, according to latest Cass Freight Index.

January 11, 2016

Southern Cross-Border Freight Outpaces U.S.-Canada Cargo for First Time

A measure of freight moving between the U.S. and its neighbors to the north and south shows for the first time the total value of U.S.-Mexico freight flows exceeded those between the U.S. and Canada.

January 8, 2016

Economic Watch: Job Creation Soars, Trucking Employment at Record High

Job creation in the U.S. surged in the final month of 2015, per a Labor Department report released Friday, as for-hire trucking employment hit a new record level.

January 6, 2016

Economic Watch: Manufacturing, Service Sectors Decline, Employment Jumps

Shipments of manufactured goods in the U.S. increased slightly in November, according to a new and full government report, while new orders posted its third decline in the last four months.

December 23, 2015

Economic Watch: Three Reports Show Underlying Strength

Two days before Christmas, the Commerce Department released three reports on the U.S. economy. When put together, they show a solid performance, though not as strong as it has been or some would like.

December 22, 2015

Economic Watch: GDP Stable, Existing Home Sales Drop

The latest measure of strength in the overall U.S. economy shows it maintained its momentum in the third quarter of the year. A separate report shows a big decline in existing home sales for the second straight month.

December 17, 2015

Earnings Watch: Navistar Trims Losses, FedEx Profit Increases

It's looking like a good Christmas for Navistar and FedEx. The truck and engine maker managed to cut back on its losses in its most recent fiscal quarter and likely no longer will have an SEC investigation hanging over its head. Meanwhile, FedEx saw better earnings due to record holiday business.

December 16, 2015

Economic Watch: What's Behind Fed Interest Rate Hike?

The U.S. Federal Reserve’s Open Market Committee on Wednesday decided to push short-term interest rates higher for the first time since 2006.

December 16, 2015

Economic Watch: Mixed Numbers Ahead of Fed Announcement

Economic reports Wednesday morning ahead of the U.S. Federal Reserve's Open Market Committee didn't offer a clear picture on the state of the economy, with slower manufacturing growth but a boost in housing numbers.

December 14, 2015

6 Trends to Track in 2016

From the economy to driver recruitment and retention, there will be several familiar faces in the trends to follow closely in the new year.

December 11, 2015

The Class 8 Update: Sales and New Products

After an up and down year of sales and a new one on the horizon, all of the major truck manufacturers are showcasing their visions for the future.

December 11, 2015

Economic Watch: Retail Sales, Producer Prices Jump

Both retail sales and prices at the wholesale level rose the most in months during November, according to two separate economic reports released on Friday. These will join other numbers that will be considered in a few days when the Federal Reserve considers an interest rate hike.

December 9, 2015

Diesel, Gasoline Prices Forecast to Remain Low into Next Year

Expectations for diesel and gasoline prices for next year have been revised lower, according to the latest Short Term Energy Outlook issued this week by the U.S. Energy Department.

December 9, 2015

For-Hire Freight Shipments Hit Highest Level of 2015

A measure of the amount of freight moved by for-hire transportation in the U.S. rebounded following a one-month decline, according to new U.S. Transportation Department figures.

December 4, 2015

Economic Watch: Trucking Adds to Overall Employment, Factory Activity Mixed

The U.S. economy continued adding jobs in November as trucking employment turned around from the month before, while a separate report on manufacturing was only somewhat positive for the industry.

December 1, 2015

Economic Watch: Manufacturing Activity Contracts, Construction Booms

A closely watched gauge of activity within the nation’s manufacturing sector shows it not only declined for the fifth straight month, but also that activity contracted during November for the first time in three years, according to the nation’s supply executives.

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