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January 27, 2017 - Industry News

Trucking Activity Looks Strong to Start 2017

Photo: Cargo Transporters

Truckable Economic Activity, the parts of Gross Domestic Product that spends time in trucks, looks to be getting off to a strong start in 2017.

Tags: Economy, Imports, Freight, HDAD, GDP, Exports

January 27, 2017 - Industry News

Economic Watch: GDP Slows on Trade as Other Indicators Stay Strong

The widest measure of U.S. economic growth slowed in not just the final quarter of last year but for all of 2016. However, that performance wasn’t so much due to weakness here at home.

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

December 22, 2016 - Industry News

Economic Watch: Overall Growth Revised Higher, Business Investment Up

The economy expanded more than previously estimated in the third quarter, and separate reports offered up some relatively positive economic news just in time for the holidays.

Tags: Economy, GDP, Durable Goods, Home Sales, Leading Economic Indicators, Personal Income, Gross Domestic Product

November 29, 2016 - Industry News

Economic Watch: GDP Posts Biggest Jump in 2 Years, Consumer Confidence Soars

Overall U.S. economic growth increased more in the third quarter of the year than first projected, according to a new Commerce Department report, and will likely pave the way for an interest rate hike in December.

Tags: Economy, GDP, Consumer Confidence, Consumer Sentiment, Gross Domestic Product

October 28, 2016 - Industry News

Economic Watch: GDP Growth Roars Back, Hits 'Turning Point'

Growth in the U.S. economy accelerated in the third quarter of the year, posting its biggest gain in two years, according to Commerce Department numbers released Friday morning. However, a separate report shows consumer confidence slipped.

Tags: Economy, Interest Rates, GDP, Consumer Sentiment, Gross Domestic Product

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

August 24, 2016 - Industry News

Economic Watch: Manufacturing Declines, GDP Expectations Lowered

A preliminary look at the nation’s manufacturing sector shows it continues to expand following a recent downturn. Separate reports show expectations of long-term economic growth have been moved lower and the housing market is suffering from low inventory levels.

Tags: Economy, GDP, Manufacturing, Home Sales, Gross Domestic Product

August 5, 2016 - Industry News

Economic Watch: Unemployment Falls, Trade Deficit Jumps

Both trucking and the wider economy added jobs in July, according to new Commerce Department figures, while separate reports show the U.S. trade deficit grew in June to a one-year high and new factory orders fell again.

Tags: Economy, GDP, Unemployment, Factory Orders, Employment, Factory Shipments, Gross Domestic Product

July 29, 2016 - Industry News

Economic Watch: New GDP Reading Disappoints, Consumer Sentiment Falls

Hopes that the American economy picked up a good head of steam in the second quarter of the year were quickly dashed on Friday following numbers being issued by the U.S. Commerce Department.

Tags: Economy, GDP, Consumer Sentiment, Gross Domestic Product

June 28, 2016 - Industry News

Economic Watch: GDP Growth Improves Just Slightly

U.S. economic growth improved more than previous estimates, but not by much, according to Commerce Department figures released Tuesday. Stronger net exports and business investment offset an unexpected downward revision to consumer spending.

Tags: Economy, GDP

May 27, 2016 - Industry News

Economic Watch: GDP Growth Improves, Still Weak; Consumers Happy

Despite the nation’s gross domestic product in the first quarter of the year moving higher than first thought, growth remains at its lowest level since the first quarter of 2015, according to a Commerce Department report released Friday. Yet a separate survey shows this has yet to damper consumers’ feelings.

Tags: Economy, GDP, Consumer Sentiment, Gross Domestic Product

April 28, 2016 - Industry News

Economic Watch: GDP Stalls in First Quarter

Feelings that the American economy slowed to a crawl in the first quarter of the year were confirmed on Thursday morning when the Commerce Department released its report showing the gross domestic product increased at an annual rate of just 0.5%.

Tags: Economy, GDP, Gross Domestic Product

March 25, 2016 - Industry News

Economic Watch: GDP Growth Revised Upward, Durable Goods Fall Again

Growth in the overall American economy in the final quarter of last year improved by double the government's initial estimate, according to a U.S. Commerce Department report released Friday. A separate reports shows the country’s manufacturing sector is still sluggish but housing continues to do well.

Tags: Economy, GDP, Durable Goods, Manufacturing, Home Sales, Gross Domestic Product

February 26, 2016 - Industry News

Economic Watch: GDP Improves; Capital Spending, Consumers Rebound

Following a raft of disappointing economic news, there are new encouraging signs about the health of the American economic, with improvements in some of the most closely watched measures – including the beleaguered manufacturing sector.

Tags: Economy, GDP, Durable Goods, Home Sales, Consumer Sentiment, Personal Income, Personal Spending, Gross Domestic Product

January 29, 2016 - Industry News

Economic Watch: GDP Growth Slows, Consumers Still Optimistic

Overall U.S. economic activity eased back on the gas considerably in the final quarter of last year while it expanded in 2015 at the same pace as the year before.

Tags: Economy, GDP, Consumer Confidence, Consumer Sentiment, Gross Domestic Product

December 22, 2015 - Industry News

Economic Watch: GDP Stable, Existing Home Sales Drop

The latest measure of strength in the overall U.S. economy shows it maintained its momentum in the third quarter of the year. A separate report shows a big decline in existing home sales for the second straight month.

Tags: Economy, GDP, Home Sales, Gross Domestic Product

November 24, 2015 - Industry News

Economic Watch: Overall Conditions Improve, Manufacturing Eases

Third-quarter GDP numbers fuel talk that the Federal Reserve will raise interest rates next month for the first time in many years – despite a disappointing report on manufacturing.

Tags: Economy, GDP, Manufacturing, Gross Domestic Product

October 29, 2015 - Industry News

Economic Watch: GDP Eases Back as Fed Looks to Rate Hike

Economic growth in the U.S. lost a good portion of its momentum in the third quarter of the year, but the performance still may still be strong enough for the Federal Reserve to push interest rates higher before the year is out.

Tags: Economy, GDP, Federal Reserve, Interest Rates, Inventories

September 25, 2015 - Industry News

Economic Watch: GDP Revised Upward, Consumer Sentiment Declines

The U.S. economy performed better in the second quarter of the year than earlier thought, according to a new Commerce Department report Friday, leaving some wondering if this puts the Federal Reserve closer to raising interest rates.

Tags: Economy, GDP, Consumer Confidence, Federal Reserve, Gross Domestic Product

August 27, 2015 - Industry News

Economic Watch: Growth Accelerates in Second Quarter

The U.S. economy grew by leaps and bounds in the second quarter of the year compared to the first quarter, according to a new government estimate released Thursday, which should ease investors fears in the wake of a global stock market sell-off.

Tags: Economy, GDP, Gross Domestic Product

July 30, 2015 - Industry News

Economic Watch: GDP Jumps in Second Quarter, First Quarter Revised Upward

The first reading on how well the American economy performed in the second quarter of the year shows it accelerated well ahead of the first quarter pace, according to the U.S. Commerce Department.

Tags: Economy, GDP

June 24, 2015 - Industry News

Econ Watch: GDP Slowdown Less Than Thought

The U.S. economy contracted less in the first quarter of the year than previously estimated, according to a Commerce Department report released Wednesday.

Tags: Economy, GDP, Home Sales

May 29, 2015 - Industry News

Economic Watch: GDP Shrinks, Consumer Sentiment Sinks

A new government reports shows the American economy contracted in the first quarter of the year for the second straight time.

Tags: Economy, GDP, Consumer Confidence

May 19, 2015 - Industry News

April Truck Tonnage Decreases, Weakening GDP Outlook

Graph via ATA

American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index fell 3% to 128.6 in April to the lowest level in a year.

Tags: ATA, Freight, GDP, Truck Tonnage Index

April 29, 2015 - Industry News

Economic Watch: GDP Growth Slows Dramatically

Photo: Revisorweb via Wikimedia Commons

The pace of economic growth in the U.S. slowed dramatically in the first quarter of the year, according to the first estimate from the Commerce Department. Economists disagree whether bad weather and port problems are largely to blame.

Tags: Economy, GDP

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