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Economy

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March 4, 2015 - Industry News

Economic Watch: Job Gains Ease Last Month, Service Sector Expands

Change in nonfarm private employment. Graphic: ADP

Employment in the private sector increased again in February, but it was the weakest gain in six months.

Tags: Economy, Non-Manufacturing, Employment

March 2, 2015 - Industry News

Economic Watch: Manufacturing Growth Continues, Construction Spending Slows

Growth continued in the U.S. manufacturing sector during February, according to two separate reports released Monday, but they showed different trends.

Tags: Economy, Manufacturing, 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 26, 2015 - Industry News

Trucks Continue Moving Majority of U.S.-NAFTA Trade

Percent change in value of U.S.-NAFTA freight flows by mode; December 2013 - 2014. Graphic: U.S. DOT

The value of freight moved between the U.S. and its North America neighbors increased for the 11th consecutive month in December while the total level for 2014 was better than the year before.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade

February 26, 2015 - Industry News

Economic Watch: Retail Prices Fall, Durable Goods Orders Up

Photo: Revisorweb via Wikimedia Commons

Retail prices fell in January from the month before and from a year earlier, marking the first annual drop in more than five years.

Tags: Economy, Durable Goods, Consumer Prices

February 25, 2015 - Industry News

Economic Watch: New Home Sales Dip

Photo: Evan Lockridge

Sales of new single-family homes slipped in January from the month before but are up compared to the same time a year earlier.

Tags: Economy, Home Sales

February 24, 2015 - Industry News

Truck Tonnage Hits All-Time High In January

Graph via ATA Truck Tonnage Index.

The For-Hire Truck Tonnage Index hit an all-time high of 135.7 in January according to the seasonally adjusted report from American Trucking Associations.

Tags: Economy, ATA, American Trucking Associations, Truck Tonnage Index

February 24, 2015 - Industry News

Economic Watch: Consumer Confidence Falls, Service Sector Rebounds Strongly

Photo: Revisorweb via Wikimedia Commons

Consumer confidence fell this month from a more than seven-year high last month, according to a new report from the private research group The Conference Board.

Tags: Economy, Consumer Confidence, Non-Manufacturing

February 23, 2015 - Industry News

Economic Watch: Existing Home Sales Fall, Total Construction Rises

Photo: Evan Lockridge

Existing-home sales in the U.S. declined in January to their lowest rate in nine months, but the pace was higher than a year ago for the fourth straight month, according to the National Association of Realtors.

Tags: Economy, Home Sales, Construction Spending

February 19, 2015 - Industry News

Economic Watch: Leading Indicators Increase at Slower Pace

Photo: Revisorweb via Wikimedia Commons.

A measure of where the American economy is headed three to six months down the road registered another monthly increase but the pace was slower than in recent months.

Tags: Economy, Leading Economic Indicators

February 18, 2015 - Industry News

Trucking Conditions Index Shows Improvements

FTR's Trucking Conditions Index for 2013 and 2014. Graphic: FTR

Business conditions in the trucking industry improved dramatically the final month of 2014, according to a new report from the transportation forecasting firm FTR.

Tags: Economy, Research, FTR, Trucking Conditions Index

February 17, 2015 - Industry News

Economic Watch: Homebuilder, Consumer Confidence Ease

Builder confidence in the market for newly built, single-family homes in February fell two points to a level of 55, according to the National Association of Home Builders/Wells Fargo Housing Market Index released on Tuesday.

Tags: Economy, Consumer Confidence, Home Building

February 12, 2015 - Industry News

Economic Watch: Retail Sales Slump, Container Volume to Increase

U.S. retail sales slumped in January for the second straight months, falling 0.8% from the month before, according to a new Commerce Department report and double the amount forecast by many economists.

Tags: Economy, Retail Sales, Freight, Ports, Port Trucking

February 11, 2015 - Industry News

For-Hire Freight Index Stable, Remains Near Record High

U.S. DOT Freight Transportation Services Index, December 2009 - December 2014. Graphic: U.S. DOT

The latest reading on freight movements in the U.S. shows the amount carried by the for-hire transportation industry was virtually unchanged in December from November, failing to rise after five consecutive months of increases, according to the U.S. Department of Transportation.

Tags: Economy, Freight, Freight Index

February 10, 2015 - Industry News

Freight Spending, Shipments Decline from Month Before, Up Over 2014

North American shipment volumes and total spending on freight both dropped in January, according to the Cass Freight Index, but they were also at their highest level for the month in at least three years.

Tags: Economy, Freight, Freight Rates, Cass Freight Index

February 10, 2015 - Industry News

Intermodal Freight Posts Near 5% Annual Increase

Graphic: IANA

Significant mid-year gains, paired with across-the-board growth in the final quarter of last year, contributed to strong overall intermodal freight performance in 2014, according to new figures from the Intermodal Association of North America.

Tags: Economy, Intermodal

February 6, 2015 - Industry News

Report: Trucking Contributes Little to Overall January Employment Gain

According to the U.S. Labor Department, 257,000 jobs were added last month, while total jobs gains in December were revised upward to 329,000 from 252,000.

Tags: Economy, Unemployment, Employment

February 3, 2015 - Industry News

Economic Watch: Manufacturing Shipments, New Orders Drop

A full report on activity at U.S. factories in December shows drops in both shipments and new orders, according to the U.S. Commerce Department.

Tags: Economy, Durable Goods, Factory Orders, Factory Shipments

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

January 30, 2015 - Industry News

Economic Watch: GDP Growth Slows, Consumer Sentiment Best in 11 Years

A first look at one of the widest measures of the U.S. economy shows activity cooled in the fourth quarter of 2014.

Tags: Economy, GDP, Consumer Sentiment

January 29, 2015 - Industry News

Trucks See Most of Cross-Border Freight Increase

Percent change in the value of U.S.-NAFTA freight flows by mode: November 2013 - November 2014. Graphic: U.S. DOT

Newly released U.S. Transportation Department figures show the amount of freight moved between the U.S. and its Canadian and Mexican neighbors edged higher by just 0.1% in November from the same time a year earlier.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade

January 27, 2015 - Industry News

Economic Watch: Durable Goods Mixed; New Home Sales, Consumer Confidence Higher

Shipments of U.S. manufactured durable goods, those designed to last three years or more, rebounded in December but new orders turned in its worst performance since August, according to a new U.S. Commerce Department report.

Tags: Economy, Consumer Confidence, Durable Goods, Home Sales

January 26, 2015 - Industry News

Economic Watch: New Construction Drops in December, Up for 2014

Graphic: Dodge Data and Analytics

New construction starts in December retreated 16% from the month before totaling $568.2 billion, according to construction industry data provider Dodge Data and Analytics, but posted another annual gain.

Tags: Economy, Construction

January 23, 2015 - Industry News

Economic Watch: Manufacturing Expanding, Leading Indicators Rise

One of the first looks at how the economy is doing in the New Year shows a further upturn in business conditions across the U.S. manufacturing sector, but the overall rate of improvement eased further from last August’s peak.

Tags: Economy, Manufacturing, Home Sales, Leading Economic Indicators

January 21, 2015 - Industry News

Economic Watch: 2014 Housing Starts Best Since 2007

The U.S. housing market showed its best signs of recovery last year, well above 2013’s level, according to a new Commerce Department report.

Tags: Economy, Housing Starts

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