Economy

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March 18, 2014

Economic Watch: Inflation Tame, Housing Starts Slip

The U.S. Labor Department reports the Consumer Price index increased 0.1% in February from the month before, the smallest hike since last October, while gaining just 1.1% over the last 12 months.

March 17, 2014

Economic Watch: Manufacturing Posts Biggest Jump Since August

Manufacturing increased 0.8% compared to the month before, nearly erasing a 0.9% decline in January, which the Fed attributed to extreme weather.

March 14, 2014

Economic Watch: Producer Prices Fall, Consumer Sentiment Weakens

Prices at the wholesale level fell in February, according to a U.S. Labor Department report released Friday, leaving little worry that inflation is a problem.

March 13, 2014

Truckload Linehaul Rate Increasing, Intermodal Forecast Higher

Truckload linehaul rates continue to rise, according to the Cass Truckload Linehaul Index. With demand increasing and capacity decreasing, along with the last two quarters showing an unusually high number of carriers exiting the business, capacity is tight,

March 13, 2014

Economic Watch: Retail Sales Improve Following Two Monthly Drops

The 0.3% increase follows a downwardly revised 0.6% decline in January while the December drop was revised down to 0.3%.

March 7, 2014

Cass Freight Index Shows February Increase

Despite continued weather problems, North American shipment volume and freight spending both soared in February 2014.

March 7, 2014

Economic Watch: 175,000 Jobs Added in February, None for Trucking

Employers added 175,000 jobs in February, better than the previous two months, according to new U.S. Labor Department figures.

March 6, 2014

Economic Watch: Factory Shipments, Orders Fall

New orders fell 0.7% from the month before, following a December drop of 2%, larger than first reported. Excluding transportation, new orders in January increased 0.2%.

March 5, 2014

Economic Watch: Job Creation, Non-Manufacturing Employment Lose Steam

UPDATED -- Private sector employment increased by 139,000 jobs from January to February, according to the National Employment Report released Wednesday by the payroll management services provider ADP.

March 3, 2014

Economic Watch: Consumer Spending and Other Indicators Rise

UPDATED -- Consumers opened their wallets a little more in January than they did in December, according to new figures from the U.S. Commerce Department.

February 28, 2014

Economic Watch: Fourth Quarter Growth Revised Downward

The estimated level of U.S. economic growth in the fourth quarter of last year was revised sharply downward by the Commerce Department on Friday.

February 27, 2014

Trucking Increases Share of Total NAFTA Trade in December

Trucking increased its dominance over other transportation modes in December when it comes to hauling freight between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico.

February 27, 2014

Economic Watch: Durable Goods Shipments and Orders Fall

Shipments fell 0.4% in January from the month before, it’s third straight decline, after dropping 1.8% in December. Shipments of machinery led the decline, falling 2.6%.

February 26, 2014

Economic Watch: New Home Sales Best Since July 2008

Following several recent less than encouraging recent economic reports one was issued Wednesday showing things are high stepping in at least one segment.

February 25, 2014

Economic Watch: Consumer Confidence Slips

A measure of how consumers feel about the economy fell this month after increasing in January, according to the data from the private research group The Conference Board.

February 23, 2014

Economic Watch: U.S. Construction Starts Decline in January

The value of new construction starts fell 13% in January to a seasonally adjusted annual rate of $485 billion, according to new figures released by industry data provider McGraw Hill Constructio

February 21, 2014

Economic Watch: January Existing Home Sales Drop

Existing-home sales fell in January to the lowest level in a year-and-a-half, but ongoing inventory shortages continue to lift prices in much of the U.S., according to a report released on Friday by the National Association of Realtors.

February 20, 2014

Economic Watch: Manufacturing and Leading Index Up, Consumer Prices Tame

UPDATED -- U.S. manufacturing has hit is highest level in nearly four years, according to a report released Thursday

February 19, 2014

Cold Weather Freezes Out January Truck Tonnage

Like many other parts of the American economy, trucking felt negative effects in January due to extremely cold weather, snow and ice, according to just released figures.

February 19, 2014

Economic Watch: Housing Plummets, Producer Prices Edge Higher

Housing starts in the U.S. fell 16% last month while the number of permits issued for new construction declined for the third straight month, according to the U.S. Commerce Department.

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