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Federal Reserve

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June 14, 2017 - Industry News

Economic Watch: Fed Hikes Interest Rates Again; Retail Sales, Inflation Ease

Despite retail sales falling by the biggest amount in 16 months and a dip in consumer prices, the Federal Reserve raised interest rates on Wednesday for the third consecutive quarter as the central bank signaled its confidence in the U.S. economy.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Federal Reserve, Producer Prices

June 2, 2017 - Industry News

Economic Watch: Unemployment Lowest in 16 Years as Trucking Jobs Dip

U.S. job growth continued in May with unemployment hitting its lowest level in 16 years, likely paving the way for the Federal Reserve to hike interest rates again in a couple of weeks.

Tags: Economy, Interest Rates, Unemployment, Employment, Federal Reserve

May 12, 2017 - Industry News

Economic Watch: Retail Sales Bounce Back along with Inflation Pressures

Retail sales in the U.S. bounced back in April after falling the month before as two readings of inflation also rebounded, all raising the prospect that the Federal Reserve will increase interest rates again in June.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Wholesale Prices, Federal Reserve

May 5, 2017 - Industry News

Economic Watch: Unemployment Lowest in a Decade, Factory Orders Move Higher

Unemployment in the U.S. has fallen again, hitting its lowest level in a decade but minus any contribution from trucking in April, according to a new report released Friday. Meanwhile, a separate report shows some improvements in the nation’s struggling manufacturing sector.

Tags: Economy, Interest Rates, GDP, Unemployment, Manufacturing, Employment, Federal Reserve, Gross Domestic Product

March 15, 2017 - Industry News

Economic Watch: Fed Pushes Interest Rates Higher Amid Improving Signs

The Federal Reserve on Wednesday increased the nation’s benchmark interest rate for the third time since its first hike in nearly a decade in December 2015, amid evidence of a steady economy and indications of more interest rate increases later this year.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Wholesale Prices, Federal Reserve, Producer Prices

March 6, 2017 - Industry News

Economic Watch: Rising Factory Orders Latest Indicator of Interest Rate Hike

An increase in new factory orders is one of the latest economic signs that the Federal Reserve is moving close to another jump in interest rates, some analysts believe.

Tags: Economy, Interest Rates, Factory Orders, Federal Reserve, Factory Shipments

February 24, 2017 - Industry News

Economic Watch: Home Sales, Consumer Sentiment Rise as Fed Mulls Rake Hike

There are increasing signs the U.S. economy is gaining momentum in the first quarter of the year with gains in home sales and consumer confidence, but it is also fueling speculation that interest rates could head higher as soon as next month.

Tags: Economy, Interest Rates, Home Sales, Consumer Sentiment, Federal Reserve

December 16, 2016 - Industry News

Economic Watch: Manufacturing at 21-Month High, Other Indicators Strong

U.S. manufacturers reported a strong end to 2016, with business conditions improving at the fastest pace since March 2015. And separate reports show consumer prices are rising and housing remains strong, despite a pullback from a multi-year high.

Tags: Economy, Interest Rates, Manufacturing, Consumer Prices, Housing Starts, Federal Reserve

December 14, 2016 - Industry News

Fed Hikes Interest Rates for Second Time in Decade

Policy makers at the Federal Reserve on Wednesday announced an increase in interest rates for the first time this year and only the second time since the depths of the Great Recession and there are expected to be at least some repercussions for trucking.

Tags: Economy, Retail Sales, Interest Rates, Industrial Production, Manufacturing, Federal Reserve

December 2, 2016 - Industry News

Economic Watch: Unemployment Lowest Since Great Recession

Unemployment in the U.S. continued falling in November, hitting its lowest level since 2007, according to Labor Department figures issued Friday, as the trucking industry also contributed to some of the job additions.

Tags: Economy, Interest Rates, Unemployment, Employment, Federal Reserve

November 17, 2016 - Industry News

Economic Watch: Latest Numbers Make Interest Rate Hike More Likely

New government numbers show housing starts in the U.S. surged in October, as a measure of consumer prices also rose, likely paving the way for the Fed to raise interest rates before the year is out.

Tags: Economy, Interest Rates, Consumer Prices, Housing Starts, Federal Reserve

November 4, 2016 - Industry News

Economic Watch: Trucking Helps Boost Overall Employment, Factory Activity Up

Employers continued adding jobs in the U.S. during October, according to a new Labor Department report, and trucking was one of many industries that helped push the number higher.

Tags: Economy, Interest Rates, Unemployment, Factory Orders, Employment, Federal Reserve, Factory Shipments

October 19, 2016 - Industry News

Economic Watch: Consumer Prices Jump, May Push Interest Rates Higher

While the strength of nation’s homebuilding market has eased just a bit, it remains robust. Meanwhile, a measure of consumer prices show it’s approaching a level the Federal Reserve has said it needs to hit in order to raise interest rates.

Tags: Economy, Interest Rates, GDP, Home Starts, Consumer Prices, Federal Reserve, Home Building, Gross Domestic Product

October 17, 2016 - Industry News

Economic Watch: Manufacturing Pushes Industrial Production Higher

The total output from the nation’s factories, mines and utilities rebounded last month, posting its best quarterly performance in a year, due in part to increased manufacturing, according to new Federal Reserve figures.

Tags: Economy, Interest Rates, Industrial Production, Manufacturing, Federal Reserve

October 7, 2016 - Industry News

Economic Watch: Trucking Employment Sinks, Manufacturing Gains

Trucking employment in the U.S. slipped in September despite overall non-farm job growth moving higher for the 72nd straight month, according to a new Labor Department report. But other reports indicate manufacturing is regaining some steam, fueling speculation over an interest rate hike.

Tags: Economy, Interest Rates, Unemployment, Manufacturing, Employment, Federal Reserve

September 2, 2016 - Industry News

Economic Watch: Employment Gains Again, Factory Orders Jump

The U.S. economy continued adding more jobs in August but at a slightly slower pace, leading to expectations the Federal Reserve will punt on a possible interest rate hike later this month. A separate report shows factory orders rebounded in the biggest gain in nine months.

Tags: Economy, Interest Rates, Unemployment, Durable Goods, Factory Orders, Employment, Federal Reserve, Factory Shipments

August 31, 2016 - Industry News

Economic Watch: Positive Indicators Prompt Talk of Interest Rate Hike

U.S. private sector employers reported another month of strong job gains on Wednesday, two days ahead of a government report. With increases in consumer confidence, personal spending and wages, it adds up to talk of a hike in interest rates as soon as September.

Tags: Economy, Interest Rates, Unemployment, Consumer Confidence, Consumer Spending, Employment, Federal Reserve

August 16, 2016 - Industry News

Economic Watch: Manufacturing Pushes Industrial Production Higher Amid Other Reports

The output from the nation's factories, mines and utilities increased in July, the largest gain since November 2014, and there also are improvements in housing and e-commerce. But there is disagreement over what the latest inflation numbers mean for interest rates.

Tags: Economy, Industrial Production, Manufacturing, Consumer Prices, Federal Reserve, Home Building

June 16, 2016 - Industry News

Economic Watch: Consumer Prices Rise, Inflation Within Fed Target

Retail prices inched up again in May, while a closely watched measure of inflation by the U.S. Federal Reserve remains slightly above a level that sets the stage for an interest rate hike later this year.

Tags: Economy, Interest Rates, Consumer Prices, Federal Reserve

April 14, 2016 - Industry News

Economic Watch: Retail Prices Tame, Beige Book Shows Improvements

A rebound in fuel prices helped push overall retail prices higher in March,, but inflation remains about as far from a threat as possible to the U.S. economy, according to a new Commerce Department report.

Tags: Economy, Consumer Prices, Federal Reserve, Beige Book

March 15, 2016 - Industry News

Economic Watch: Retail Sales Slip Again, Key Price Indicator Rises

Retail sales in the U.S. fell for the second consecutive month during February, according to a new preliminary Commerce Department report, raising some concerns about overall economic growth this year.

Tags: Economy, Retail Sales, Interest Rates, Ports, Wholesale Prices, Port Trucking, Federal Reserve, Producer Prices

March 3, 2016 - Industry News

Economic Watch: Factory Activity Turns Around, ‘Beige Book’ Improves

New factory orders and shipments rebounded at least somewhat in January, while measures of business investment and inventories also improved, according to new Commerce Department figures.

Tags: Economy, Factory Orders, Non-Manufacturing, Federal Reserve, Factory Shipments

February 19, 2016 - Industry News

Economic Watch: Inflation Makes a Return, Leading Indicators Down Again

Consumer prices are heading higher, according to new U.S. Labor Department numbers, increasing speculation that the Federal Reserve will raise interest rates again.

Tags: Economy, Consumer Prices, Leading Economic Indicators, Federal Reserve, Interest

February 17, 2016 - Industry News

Economic Watch: Housing Drops as Industrial Production, Inflation Bounce Back

New home starts in the U.S. fell in January to the lowest level in three months, but industrial production, which includes manufacturing, reversed its string of recent declines. At the same time, wholesale prices increased, leading some to believe interest rates may soon move higher.

Tags: Economy, Interest Rates, Industrial Production, Manufacturing, Home Starts, Wholesale Prices, Federal Reserve, Producer Prices, Home Building

January 28, 2016 - Industry News

Economic Watch: Durable Goods Orders Sink as New Home Sales Jump

New orders for long-lasting durable goods plunged in December while shipments also fell, according to an advance report on Thursday from the U.S. Commerce Department, following a decision by the Federal Reserve to not raise a key interest rate.

Tags: Economy, Durable Goods, Home Sales, Federal Reserve

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