Economy

81  -  100  of  1822

January 3, 2017

Economic Watch: Manufacturing Best in 2 Years, Construction Highest in 10 Years

Manufacturing in the U.S. ended 2016 on a high note, hitting its best level since 2014, according to two new reports, while separate data reveals construction spending in the country hit its highest level in a little more than a decade.

December 27, 2016

What Will the Class 8 Market Look Like in 2017?

The economy is currently on solid footing, but the Class 8 market has fallen dramatically this year. With the economy expected to grow slightly better in 2017, can we expect this to translate into a better environment for new equipment orders for the truck OEMs and their suppliers?

December 22, 2016

Economic Watch: Overall Growth Revised Higher, Business Investment Up

The economy expanded more than previously estimated in the third quarter, and separate reports offered up some relatively positive economic news just in time for the holidays.

December 16, 2016

Report: Overall Freight Shipping Levels, Rates Better than They First Look

While a measure of total U.S. freight shipments in October broke a string of being in negative territory for 20 months, November fell back while separate reports for the month show an improvement in intermodal rates for the second consecutive month while truckload linehaul rates turned lower.

December 16, 2016

Economic Watch: Manufacturing at 21-Month High, Other Indicators Strong

U.S. manufacturers reported a strong end to 2016, with business conditions improving at the fastest pace since March 2015. And separate reports show consumer prices are rising and housing remains strong, despite a pullback from a multi-year high.

December 14, 2016

Fed Hikes Interest Rates for Second Time in Decade

Policy makers at the Federal Reserve on Wednesday announced an increase in interest rates for the first time this year and only the second time since the depths of the Great Recession and there are expected to be at least some repercussions for trucking.

December 14, 2016

Trucking Helps For-Hire Freight Movements Bounce Back

The amount of for-hire freight moved in the U.S. increased following two months of declines, according to new Transportation Department figures.

December 6, 2016

Diesel, Oil Prices Expected to Jump Around 17% Next Year

Final government forecasts for diesel, gasoline and oil prices before 2017 gets underway are in with two of the three calling for double-digit percentage hikes compared to this year.

December 5, 2016

Analysis: The Uncertainty of a New President

After an uncertain first half of the year, we finally got the economic news that we had been hoping for with third-quarter GDP. But no sooner were we breathing sighs of relief, everything becomes uncertain…again.

December 2, 2016

Economic Watch: Unemployment Lowest Since Great Recession

Unemployment in the U.S. continued falling in November, hitting its lowest level since 2007, according to Labor Department figures issued Friday, as the trucking industry also contributed to some of the job additions.

December 1, 2016

Economic Watch: Manufacturing, Construction Post Impressive Gains

In another sign the U.S. economy is gathering more steam, two reports released Thursday morning showed a strong rebound in the nation’s manufacturing sector while another indicated construction remains strong following earlier positive indicators.

November 29, 2016

Value of Cross-Border Freight Falls Following One-Month Gain

The value of freight movements between the U.S. and its two next door neighbors moved back into negative territory following the first year-over-year increase since late 2014.

November 29, 2016

Economic Watch: GDP Posts Biggest Jump in 2 Years, Consumer Confidence Soars

Overall U.S. economic growth increased more in the third quarter of the year than first projected, according to a new Commerce Department report, and will likely pave the way for an interest rate hike in December.

November 28, 2016

Cass Freight Measures Post First 2016 Gains

Two measures of freight shipping posted their first year-over-year improvements in more than 12 months, indicating there has been more than the usual fall surge in shipment volume.

November 17, 2016

Economic Watch: Latest Numbers Make Interest Rate Hike More Likely

New government numbers show housing starts in the U.S. surged in October, as a measure of consumer prices also rose, likely paving the way for the Fed to raise interest rates before the year is out.

November 17, 2016

Earnings Watch: Patriot Profit Higher, Others Mixed

Third-quarter financial reports from fleets and equipment makers continue to reflect a tepid freight environment.

November 16, 2016

Economic Watch: Growth Continues, Sluggish in Some Areas

While the amount of U.S. industrial production was unchanged in October after falling 0.2% in September, manufacturing managed to squeeze out a gain, as optimism in the housing market continued amid signs of slower than usual growth.

November 15, 2016

Economic Watch: Retail Sales Surge, Up 4.3% Over Past Year

Retail sales in the U.S. jumped in October, according to Commerce Department figures released Tuesday, surpassing analysts’ expectations.

November 10, 2016

Analysis: Economic Growth Springs Back to Life

Economic growth has suddenly returned in the 3rd quarter but in his latest column Evan Lockridge asks, will it continue?

November 9, 2016

For-Hire Freight Shipments Fall for Second Straight Month

A new U.S. Transportation Department report shows the total amount of for-hire freight moved in the country fell 0.6% in September from the month before, the second consecutive monthly drop.

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