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Economy

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April 6, 2015 - Industry News

Economic Watch: Service Sector Continues Expanding

Photo: Revisorweb via Wikimedia Commons

Two reports released Monday show the nation’s service sector continues increasing, albeit at different rates.

Tags: Economy, Non-Manufacturing

March 23, 2015 - Industry News

Truckload Rates Improving, Intermodal Falling

A measure of freight rates in one trucking sector improved in February over the past year, but declined from the month before.

Tags: Economy, Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates

March 23, 2015 - Industry News

Economic Watch: Existing Home Sales Increase Slightly

Existing-home sales in the U.S. increased modestly in February, but constrained inventory levels pushed price growth to its fastest pace in a year, according to the National Association of Realtors on Monday.

Tags: Economy, Home Sales

March 20, 2015 - Industry News

Economic Watch: Construction Starts up 34% in First Two Months of 2015

Graphic: Dodge Data and Analytics

Construction starts in the U.S. posted healthy gains in February compared to the month before and the same time in 2014, according to a new report from the construction industry data provider Dodge Data and Analytics.

Tags: Economy, Construction Spending

March 19, 2015 - Industry News

Economic Watch: Leading Indicators Rise, Interest Rates Staying Put

Photo: Revisorweb via Wikimedia Common

A look at where the U.S. economy is headed in the next three to six months showed another rise, according to a new report from the private research group The Conference Board.

Tags: Economy, Leading Economic Indicators, Federal Reserve

March 18, 2015 - Industry News

U.S. Freight Movements with Canada, Mexico Increase 4.5% Last Year

U.S.-NAFTA trade by mode: 2010-2014. Graphic: U.S. DOT

The value of freight moved between the U.S. and its North America neighbors increased 4.5% in 2014 compared to a year earlier, while over the longer term trucking has some lost market share to other transportation modes.

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

March 17, 2015 - Industry News

Economic Watch: Housing Starts Post Largest Drop in 4 Years

Nationwide housing starts dropped 17% to a seasonally adjusted annual rate of 897,000 units in February, according to newly released data from the U.S. Commerce Department.

Tags: Economy, Housing Starts

March 16, 2015 - Industry News

Economic Watch: Industrial Production Rises, Home Builder Confidence Down

Photo: Revisorweb via Wikimedia Commons

UPDATED -- Industrial production in the U.S. increased 0.1% in February from the month before, but is 3.5% higher than the same time a year ago.

Tags: Industrial Production, Economy

March 13, 2015 - Industry News

Economic Watch: Producer Prices Fall Again, Consumer Optimism Dips

Photo: Revisorweb via Wikimedia Commons

Prices at the wholesale level fell again in February, down 0.5% from the month before, the fourth straight month this has happened, and is the largest drop since 2009.

Tags: Economy, Consumer Sentiment, Producer Prices

March 12, 2015 - Industry News

Economic Watch: Retail Sales Fall for Third Straight Month

Photo: Revisorweb via Wikimedia Commons

Retail sales in the U.S. fell for the third straight month in February as harsh weather in much of the country kept consumers and their wallets at home.

Tags: Economy, Retail Sales

March 11, 2015 - Industry News

DOT Freight Index Moves Lower For Second Straight Month

Freight Transportation Services Index, January 2010 - January 2015. Graphic: U.S. DOT

The amount of freight moved by the nation’s for-hire transportation industry fell slightly in January from the month before, but remains close to its record high level.

Tags: Economy, Freight, Freight Index

March 11, 2015 - Industry News

Freight Shipments, Spending Increase in Latest Cass Index

North American shipment volume jumped up in February, while total freight expenditures reversed a four-month slump, according to the latest Cass Freight Index.

Tags: Economy, Cass Freight Index

March 10, 2015 - Industry News

Economy Still Sending Mixed Signals as Capacity Crunch Looms

John Larkin speaking at TCA's annual convention. Photo by Deborah Lockridge

Some economic indicators have not bounced back as well as others in the recovery from the Great Recession, but trucking is doing well, and a capacity crunch leads economic expert John Larkin to project truckload rates will rise this year.

Tags: Economy, TCA, Freight Rates, Truckload Carriers Association

March 6, 2015 - Industry News

Used Truck Sales 2nd Highest in a Decade, IHS Says

Class 8, the largest single segment, last year accounted for 271,000 units. 2010 was even stronger, with 320,000 Class 8 transactions.

Tags: Economy, Used Vehicle Sales, Used Truck Sales

March 6, 2015 - Industry News

Economic Watch: Unemployment Falls Again, Factory Activity Down

Photo: Revisorweb via Wikimedia Commons

Both the unemployment rate and the number of people without jobs fell in February, according to Labor Department figures released Friday.

Tags: Economy, Unemployment, Factory Orders, Employment, Factory Shipments

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

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