June 29, 2016
One of the biggest drivers of the U.S. economy increased for the second straight month in May, adding to optimism that growth in the second quarter will be better than the slow first quarter pace.
March 30, 2016
Private sector employment increased by 200,000 jobs from February to March, according to the latest National Employment Report from payroll processor ADP, while the mood of consumers has improved, with spending and incomes seeing modest gains.
February 26, 2016
Following a raft of disappointing economic news, there are new encouraging signs about the health of the American economic, with improvements in some of the most closely watched measures – including the beleaguered manufacturing sector.
September 29, 2015
Consumers are feeling better than they were before and are spending more money because they are taking home larger paychecks, according two new reports. That bodes well for truck freight.
August 3, 2015
The pace of U.S. manufacturing growth, a key indicator affecting trucking, slowed in July from its highest level in five months, according to a survey of the nation’s supply executives.
June 25, 2015
Economic Watch: American consumers opened their wallets a whole lot more in May, with consumer spending increasing the most in nearly six years.
December 1, 2014
Key economic indicators for October that were posted last week show mostly good news for trucking, including durable goods, home sales and consumer confidence.
September 29, 2014
Personal spending in the U.S. increased 0.5% in August from the month before, according to a new Commerce Department report. However, the pace may be slower than it should be to support the continued pace of manufacturing, says one analyst.
August 29, 2014
Consumers unexpectedly backed off on personal spending in July by just a bit, while income moved slightly higher, according to a new U.S. Commerce Department report, raising concerns that wages are not keeping up with household needs.
May 1, 2014
UPDATED -- A new report shows U.S. consumer spending in March took its biggest leap forward since August 2009.
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