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Economy

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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

January 20, 2015 - Industry News

Truck Tonnage Unchanged in December, Up 3.5% in 2014

Graphic: ATA

A new report shows the amount of freight moved in the final month of last year was unchanged from the month before but posted a healthy gain for all of last year.

Tags: Economy, ATA, Freight, Truck Tonnage

January 20, 2015 - Industry News

Economic Watch: Homebuilder Optimism Near 9-Year High

Builder confidence in the market for newly built single-family homes declined just one point to 57, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index released Tuesday.

Tags: Economy, Home Building

January 16, 2015 - Industry News

Economic Watch: Inflation, Industrial Production Down; Consumer Sentiment High

Graph: Bureau of Labor Statistics

Consumer prices fell 0.4% in December from the month before, according to new U.S. Labor Department report, the biggest decline in six years.

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

January 15, 2015 - Industry News

Cass Freight Index Performing Well Despite December Decline

A new report shows freight shipments and expenditures in shipping fell in the final month of 2014 but posted gains for the entire year.

Tags: Economy, Research, Cass Freight Index

January 15, 2015 - Industry News

Economic Watch: Producer Price Index Sinks, Core Prices Up

Prices at the wholesale level fell in December from the month before, the biggest drop since October 2011, due in large part to declining fuel prices.

Tags: Economy, Producer Prices

January 14, 2015 - Industry News

For-Hire Freight Index Hits New Record High

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

A measure of the amount of freight moved by the nation’s entire for-hire transportation sector shows it rose 0.8% in November from the month before, the fifth consecutive monthly increase.

Tags: Economy, U.S. DOT, Freight Index

January 14, 2015 - Industry News

Economic Watch: Retail Sales Drop in December, Increase Overall for Year

HDT file photo

Retail sales in the U.S. fell in December by the largest amount in nearly a year, according to a new Commerce Department report.

Tags: Economy, Retail Sales

January 9, 2015 - Industry News

Economic Watch: Unemployment Falls, Job Growth Best Since 1999

Unemployment in the U.S. continued declining in 2014, the best year for job growth since 1999, according to new Labor Department figures. However, wages fell and more people left the labor force.

Tags: Economy, Unemployment, Employment

January 8, 2015 - Industry News

Economic Watch: FTR 2015 Economic Webinar Paints Bright Picture

By Revisorweb via Wikimedia Commons

Since the end of the "Great Recession" and the start of a recovery, the U.S. economy has gone through two distinct phases, with the latter being the better, and expectations are things will continue to improve.

Tags: Economy, Research, FTR, GDP, Unemployment, Housing, Employment

January 8, 2015 - Industry News

Trucks Drive Cross-Border Freight, Hitting Record High Level

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

The amount of freight moved between the U.S. and its North American Free Trade Agreement partners of Canada and Mexico increased in October compared to the same time a year ago, hitting the highest level on record.

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

January 7, 2015 - Industry News

Economic Watch: December Job Creation Highest Since June

A new report released ahead of government numbers set to be published Friday shows private sector, nonfarm employment in the U.S. increased by 241,000 jobs from November to December, the biggest gain since June.

Tags: Economy, Employment

January 5, 2015 - Industry News

Economic Watch: Manufacturing Slows, Construction Spending Slips

Photo: Evan Lockridge

Economic activity in the manufacturing sector expanded in December for the 19th consecutive month, but it was the slowest pace in six months, according to the nation’s supply executives.

Tags: Economy, Manufacturing, Construction Spending

December 31, 2014 - Industry News

Economic Watch: Was 2014 Great or Not?

Was 2014 a great year for U.S. economy or not? What were the biggest influences on it and how did it affect trucking? It’s all a matter of the perspective of who you ask. HDT's Evan Lockridge offers his year-end take on the subject.

Tags: Economy

December 30, 2014 - Industry News

Economic Watch: Consumer Confidence Posts December Rebound

Consumer confidence in the U.S. rebounded in December after falling in November, according to the private research group The Conference Board.

Tags: Economy, Consumer Confidence

December 29, 2014 - Industry News

Economic Watch: Consumer Sentiment Soars, New Home Sales Drop

Photo: Evan Lockridge

Consumer confidence reached its most favorable level this month since the last cyclical peak was set in January 2007, according to the Thompson Reuters/University of Michigan Survey of Consumers, released just before Christmas.

Tags: Economy, Home Sales, Consumer Sentiment

December 23, 2014 - Industry News

Economic Watch: GDP Wows, Durable Goods Decrease

The value of the production of goods and services in the U.S. during the third quarter of the year increased at an annual rate of 5%, according to a third estimate from the U.S. Commerce Department.

Tags: Economy, GDP, Durable Goods

December 22, 2014 - Industry News

Economic Watch: Existing Home Sales Post November Slide

After hitting their highest level of the year during October existing-home sales slid in November, according to figures released Monday by the National Association of Realtors

Tags: Economy, Home Sales

December 19, 2014 - Industry News

Truck Tonnage Index Hits Highest Recorded Level in November

Graph via ATA.

The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index rose 3.5% to 136.8 in November -- the highest level on record.

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

December 19, 2014 - Industry News

Economic Watch: New Construction Jumps 13 Percent

The Dodge Index of new construction starts. Graphic: Dodge Data & Analytics

New construction starts in the U.S. climbed 13% in November from the month before to an annual rate of $677.8 billion, according to industry data provider Dodge Data & Analytics.

Tags: Economy, Construction

December 17, 2014 - Industry News

Federal Reserve: Economy Expanding at ‘Moderate Pace’

Federal Reserve Building. Photo by AgnosticPreachersKid via Wikipedia.

The U.S. Federal Reserve on Wednesday indicated it believes the American economy continues to expand at a moderate pace and would be able to handle a small hike in short-term interest rates.

Tags: Economy, Federal Reserve

December 17, 2014 - Industry News

Economic Watch: Consumer Prices Post Largest Drop in 6 Years

Falling gasoline prices led to a sharp drop in U.S. consumer prices during November, the steepest rate in nearly six years, according to a U.S. Commerce Department released Wednesday morning.

Tags: Economy, Consumer Prices

December 16, 2014 - Industry News

Economic Watch: New Home Starts Fall

Newly released figures show a drop in housing starts during November, with an even bigger decline in the number of new building permits issued -- but new home building remained above a 1 million unit annual rate for the third month in a row.

Tags: Housing Starts, Economy

December 15, 2014 - Industry News

Economic Watch: Industrial Production Surges, Homebuilder Optimism Slips

U.S. industrial production surged in November by 1.3% from the month before, the largest gain since May 2010, according to new U.S. Federal Reserve figures.

Tags: Economy, Industrial Production, Home Building

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