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Consumer Spending

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June 26, 2015 - Industry News

Economic Watch: Consumer Sentiment Best in Five Months

American consumers are feeling better about the economy with one measure hitting its highest level since January.

Tags: Economy, Consumer Confidence, Consumer Spending

June 25, 2015 - Industry News

Economic Watch: Consumer Spending Jumps, Service Sector Declines

Economic Watch: American consumers opened their wallets a whole lot more in May, with consumer spending increasing the most in nearly six years.

Tags: Economy, Consumer Spending, Non-Manufacturing, Personal Income

June 1, 2015 - Industry News

Economic Watch: Manufacturing, Construction Improve; Consumer Spending Stalls

Business conditions in the nation’s manufacturing sector turned around in May from the month before, while construction spending hit a six-year high. A weak spot? Consumer spending.

Tags: Economy, Manufacturing, Consumer Spending, Construction Spending

May 1, 2015 - Industry News

Economic Watch: Manufacturing Growth Slows, Consumers Optimistic

Photo: Revisorweb via Wikimedia Commons

The level of manufacturing in the U.S. was unchanged in April compared to the month before, according to a new survey of the nation’s purchasing managers.

Tags: Economy, Consumer Confidence, Manufacturing, Consumer Spending, Construction Spending

March 2, 2015 - Industry News

Economic Watch: Consumer Spending Falls Slightly, GDP Revised Downward

Photo: Revisorweb via Wikimedia Commons

U.S. consumer spending fell slightly in January as gasoline prices remained low, according to new Commerce Department report released Monday.

Tags: GDP, Consumer Spending, Consumer Sentiment, Economy

February 2, 2015 - Industry News

Economic Watch: Consumer Spending, Manufacturing Drop; Construction Rises

Photo: Revisorweb via Wikimedia Commons

Consumer spending during December posted its biggest drop since September 2009, according to a new U.S. Commerce Department report on Monday.

Tags: Economy, Manufacturing, Consumer Spending, Construction Spending

December 29, 2014 - Industry News

UPS Anticipates 4 Million Returns After Holidays

UPS says as e-commerce grows, return shipping services have become an essential part of the shopping experience. Photo: UPS

UPS expects to transport more than 4 million return packages in the United States by the end of the first full week of January, the company announced.

Tags: UPS, Consumer Spending, Consumer Sentiment, Shipping Service

December 1, 2014 - Industry News

Economic Watch: Gains in Durables, New Home Sales, Consumer Confidence

Key economic indicators for October that were posted last week show mostly good news for trucking, including durable goods, home sales and consumer confidence.

Tags: Economy, Consumer Confidence, Durable Goods, Home Sales, Consumer Spending, Personal Income

November 3, 2014 - Industry News

Economic Watch: Manufacturing Expanding, Construction Down

Economic activity in the manufacturing sector expanded in October for the 17th consecutive month, its highest level since March 2011, according to nation’s supply executives.

Tags: Economy, Manufacturing, Consumer Spending

October 31, 2014 - Industry News

Economic Watch: Consumer Spending Slips in September

Consumer spending in the U.S. declined in September for the first time in eight months, according to the U.S. Commerce Department.

Tags: Economy, Consumer Spending

August 29, 2014 - Industry News

Economic Watch: Consumer Spending Posts First Decline Since January

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.

Tags: Economy, Consumer Spending, Personal Income

May 30, 2014 - Industry News

Economic Watch: Consumer Spending, Sentiment Decline

The 0.1% drop in personal consumption expenditures follows an upwardly revised 1% increase during March, which was the largest gain since August 2009 and is the first decline in a year.

Tags: Economy, Consumer Spending, Consumer Sentiment

May 15, 2014 - Industry News

Economic Watch: Consumer Prices Rise, Industrial Production Down

UPDATED -- A new report shows consumer prices rising for the sixth straight month, with the Consumer Price Index increasing 0.3% in April from the month before, the biggest gain in 10 months.

Tags: Economy, Consumer Prices, Consumer Spending, Industrial Production

May 1, 2014 - Industry News

Economic Watch: Consumer Spending, Construction, Manufacturing Post Gains

UPDATED -- A new report shows U.S. consumer spending in March took its biggest leap forward since August 2009.

Tags: Economy, Consumer Spending, Personal Income

April 2, 2014 - Industry News

Economic Watch: Employment, Factory Shipments and Orders Post Gains

Private sector employment in the U.S. increased by 191,000 jobs from February to March, according to the March ADP National Employment Report released Wednesday.

Tags: Economy, Consumer Spending, Factory Orders, Employment, Factory Shipments

March 31, 2014 - Industry News

Economic Watch: Consumer Spending and GDP Gain Among Other Indicators

New figures show biggest driver of the U.S. economy increased last month while the overall economy grew more than estimated a month ago.

Tags: Economy, Freight, GDP, Durable Goods, Home Sales, Consumer Spending

March 3, 2014 - Industry News

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.

Tags: Economy, Consumer Spending, Auto Sales, Manufacturing, Construction Spending

February 28, 2014 - Industry News

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.

Tags: Economy, GDP, Consumer Spending

January 31, 2014 - Industry News

Economic Watch: Consumer Spending Up, Sentiment Down

Consumer spending in the U.S. posted modest gains in December and all of last year, according to new Commerce Department figures.

Tags: Economy, Consumer Confidence, Consumer Spending

January 30, 2014 - Industry News

Economic Watch: GDP Advances at Annual Rate of 3.2% for Quarter

The U.S. economy expanded at a healthy pace in the final quarter of last year amid a big jump in consumer spending, according to new Commerce Department figures.

Tags: Economy, GDP, Consumer Spending

December 31, 2013 - Industry News

Economic Watch: Year Ending With Positive Economic News

Photo: Evan Lockridge

The final week of 2013 provided some encouraging economic numbers including about holiday sales.

Tags: Economy, Retail Sales, Durable Goods, Home Sales, Consumer Spending

December 6, 2013 - Industry News

Economic Watch: Unemployment Hits Five-Year Low, Consumer Spending Up

Unemployment moved down in November to its lowest level in five years and with it trucking added the most jobs in several months.

Tags: Economy, Unemployment, Consumer Spending

November 8, 2013 - Industry News

Economic Watch: Strong October Job Growth, Consumer Spending Edge Higher

UPDATED -- A new U.S. Labor Department report shows there was a net gain of 204,000 jobs in the country during October, far more than economists were predicting, while trucking added just a few jobs.

Tags: Economy, Unemployment, Consumer Spending

September 27, 2013 - Industry News

Economic Watch: Consumer Confidence Down, Personal Spending Lackluster

By Revisorweb via Wikimedia Commons

Following a string of at least slightly encouraging economic reports, two new economic reports are disappointing. U.S. consumer confidence fell this month to a five-month low, while personal spending in August increased for the fourth consecutive month.

Tags: Economy, Consumer Confidence, Consumer Spending

September 5, 2013 - Industry News

Stifel: Soft Economy Makes Rate Hikes Tough, Despite Driver Shortage

Although a "cavalcade of regulations" is expected to make it harder than ever to find drivers, an economy that continues to grow at a sub-potential rate means fleets don't have a lot of leverage when it comes to raising rates, according to John Larkin and fellow transportation analysts at the Stifel Nicolaus investment firm.

Tags: Drivers, Economy, Manufacturing, Consumer Spending, Stifel Nicolaus

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