January 9, 2015
Unemployment in the U.S. continued declining in 2014, the best year for job growth since 1999, according to new Labor Department figures. However, wages fell and more people left the labor force.
January 8, 2015
Since the end of the "Great Recession" and the start of a recovery, the U.S. economy has gone through two distinct phases, with the latter being the better, and expectations are things will continue to improve.
The amount of freight moved between the U.S. and its North American Free Trade Agreement partners of Canada and Mexico increased in October compared to the same time a year ago, hitting the highest level on record.
January 7, 2015
A new report released ahead of government numbers set to be published Friday shows private sector, nonfarm employment in the U.S. increased by 241,000 jobs from November to December, the biggest gain since June.
January 5, 2015
Economic activity in the manufacturing sector expanded in December for the 19th consecutive month, but it was the slowest pace in six months, according to the nation’s supply executives.
December 31, 2014
Was 2014 a great year for U.S. economy or not? What were the biggest influences on it and how did it affect trucking? It’s all a matter of the perspective of who you ask. HDT's Evan Lockridge offers his year-end take on the subject.
December 30, 2014
Consumer confidence in the U.S. rebounded in December after falling in November, according to the private research group The Conference Board.
December 29, 2014
Consumer confidence reached its most favorable level this month since the last cyclical peak was set in January 2007, according to the Thompson Reuters/University of Michigan Survey of Consumers, released just before Christmas.
December 23, 2014
The value of the production of goods and services in the U.S. during the third quarter of the year increased at an annual rate of 5%, according to a third estimate from the U.S. Commerce Department.
December 22, 2014
After hitting their highest level of the year during October existing-home sales slid in November, according to figures released Monday by the National Association of Realtors
December 19, 2014
The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index rose 3.5% to 136.8 in November -- the highest level on record.
New construction starts in the U.S. climbed 13% in November from the month before to an annual rate of $677.8 billion, according to industry data provider Dodge Data & Analytics.
December 17, 2014
The U.S. Federal Reserve on Wednesday indicated it believes the American economy continues to expand at a moderate pace and would be able to handle a small hike in short-term interest rates.
Falling gasoline prices led to a sharp drop in U.S. consumer prices during November, the steepest rate in nearly six years, according to a U.S. Commerce Department released Wednesday morning.
December 16, 2014
Newly released figures show a drop in housing starts during November, with an even bigger decline in the number of new building permits issued -- but new home building remained above a 1 million unit annual rate for the third month in a row.
December 15, 2014
U.S. industrial production surged in November by 1.3% from the month before, the largest gain since May 2010, according to new U.S. Federal Reserve figures.
December 12, 2014
Prices at the wholesale level in November gave up all the gains made the month before, led by declining energy costs, while consumers in the U.S. are feeling better than they have in many years.
December 11, 2014
The 0.7% increase from the month before is well above what many analysts were expecting.
December 10, 2014
The newly released November Cass Freight Index shows a drop in total freight expenditures of 0.7% and a corresponding decline in shipment volumes of 0.2%, however the level was higher than expected, pointing to strong finish for 2014.
The U.S. Transportation Department’s Freight Transportation Services Index rose 0.3% in October from September, the fourth consecutive month-over-month gain, hitting an all-time high.
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