Manufacturing

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February 21, 2017

Economic Watch: Pace of Manufacturing Expansion Slows

A preliminary look at economic conditions in the U.S. manufacturing sector during February shows they improved at a slightly slower pace than the 22-month peak seen during January.

February 15, 2017

Economic Watch: Retail Sales Jump But Price Pressures Building

Retail sales, one of the largest drivers of the U.S. economy, advanced in January, pointing to increased overall growth in the first quarter of the year. At the same time, prices on the retail and wholesale level posted big gains, and the manufacturing component for industrial production ticked higher.

February 3, 2017

Economic Watch: Job Growth Continues as Manufacturing Improves

Employers in the U.S. continue to add people to their payrolls at a healthy pace, and there is mounting evidence that the nation’s manufacturing sector is coming out of the doldrums.

February 1, 2017

Economic Watch: Manufacturing, Employment Help Launch Strong 2017

The U.S. manufacturing industry kicked off the year with its strongest performance in two years, according to a new report, while a separate one about the sector plus others regarding employment, personal spending and incomes all points to increased economic growth.

January 24, 2017

Economic Watch: Manufacturing Starts Year Strong, Housing Best in Years

The U.S. manufacturing sector had a solid start to 2017, with overall operating conditions improving at the quickest pace for nearly two years, according to a preliminary report from IHS Markit.

January 23, 2017

SAF-Holland to Shift U.S. Production, Close Michigan Plants

The change will move manufacturing closer to its truck and trailer customers, the company said. Muskegon engineering operations will expand.

January 6, 2017

Economic Watch: Trucking Continues to Help Employers Add Jobs

The for-hire trucking industry was partly to thank for the 156,000 non-farm jobs additions in the U.S. during December, according to new Labor Department figures. A separate report shows manufacturing remains healthy despite small declines in new orders.

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 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 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 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 1, 2016

Economic Watch: Manufacturing Continues Rebound, Construction Falls

New economic reports show the nation’s manufacturing sector continues improving along with consumer spending-- the latest signs the overall economy is gaining traction-- while a separate report shows construction activity has eased, but only just a bit.

October 27, 2016

Economic Watch: Durable Goods Mixed, New Home Sales Best in 9 Years

Shipments and new orders for long-lasting manufactured durable goods were varied in September. While home sales continue growing, one key economic indicator fell.

October 24, 2016

Economic Watch: Manufacturing, Leading Indicators Rebound

New preliminary numbers suggest U.S. manufacturers started the fourth quarter in a strong fashion, and other numbers point to an improving overall economy in the final three months of the year -- with manufacturing and housing, two key areas related to truck freight, helping lead the way.

October 17, 2016

Economic Watch: Manufacturing Pushes Industrial Production Higher

The total output from the nation’s factories, mines and utilities rebounded last month, posting its best quarterly performance in a year, due in part to increased manufacturing, according to new Federal Reserve figures.

October 7, 2016

Economic Watch: Trucking Employment Sinks, Manufacturing Gains

Trucking employment in the U.S. slipped in September despite overall non-farm job growth moving higher for the 72nd straight month, according to a new Labor Department report. But other reports indicate manufacturing is regaining some steam, fueling speculation over an interest rate hike.

September 23, 2016

Economic Watch: Manufacturing Remains Soft; Homes, LEI Slip

A preliminary report released Friday shows growth in the nation’s manufacturing sector is easing this month amid the slowest expansion of new orders so far this year, according the financial information services provider IHS Markit.

September 20, 2016

Economic Watch: Home Starts Slow, Overall Optimism Remains

Nationwide housing starts fell 5.8% to a seasonally adjusted annual rate of 1.14 million units in August, according to newly released data from the Commerce Department on Tuesday, the latest disappointing economic indicator, but there are still feelings overall economic conditions are improving.

September 1, 2016

Economic Watch: New Manufacturing Orders Stagger, Construction Up

There is slight disagreement when it comes to the health of the nation’s manufacturing industry in the wake of two reports issued on Thursday, but not when it comes to what pulled two gauges lower for August.

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