December 1, 2014 - Industry News
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 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
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
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
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
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
UPDATED -- A new report shows U.S. consumer spending in March took its biggest leap forward since August 2009.
April 2, 2014 - Industry News
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
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
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
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
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
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.
December 31, 2013 - Industry News
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
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
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.
September 27, 2013 - Industry News
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.
September 5, 2013 - Industry News
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
June 26, 2013 - Industry News
The U.S. economy grew less in the first quarter of the year than previously estimated, thanks to lower consumer spending numbers and fewer exports, but the final GDP number is still an improvement over the previous quarter.
Tags: Economy, GDP, Consumer Spending, Exports
May 31, 2013 - Industry News
Consumers pulled back on their spending in April -- dropping 0.2% from a downwardly revised 0.1% increase in March -- but still have good confidence in the American economy, according to separate reports.
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