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Interest Rates

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March 21, 2018 - Industry News

Economic Watch: What Higher Interest Rates May Mean for Trucking

The Federal Reserve signaled its confidence in the economy on Wednesday when raised a key interest rate for the sixth time since 2015 – but this also could lead to trucking companies needing to rethink how they are handling their loans.

Tags: Economy, Interest Rates, Federal Reserve

March 14, 2018 - Industry News

Economic Watch: Retail Sales Down Again, Inflation in Check

Retail sales in the U.S fell for the third straight month in February, according to new government numbers, pointing to slower economic growth in the first quarter. Separate reports about inflation showed it cooled at both the retail and wholesale levels.

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

March 9, 2018 - Industry News

Economic Watch: Jobs Booming, Manufacturing Throttles Back

Employers in the U.S. added far more jobs in February than analysts were expecting, but there are some concerns about the nation’s manufacturing sector as consumer credit slowed and the trade deficit hit a near 10-year high.

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

February 14, 2018 - Industry News

Economic Watch: Retail Prices Jump as Retail Sales Drop

Prices at the retail level jumped more than expected during January, raising concerns about rising inflation as well as interest rates, while a separate reported showed one of the biggest drivers of the U.S. economy declined by the most in nearly a year.

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

February 1, 2018 - Industry News

Economic Watch: Reports Show 2018 Started Near Last Year's Higher Pace

A measure of the U.S. manufacturing sector released Thursday is just one in a raft of new economic reports that showed 2018 began with a similar pace to that seen when 2017 wrapped up.

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

January 26, 2018 - Industry News

Economic Watch: GDP Slows in Final Quarter, Durable Goods Remain Strong

The nation’s overall economic performance slowed in the final quarter of last year but turned in better performance for all of 2017 than it did for all of 2016, according to new Commerce Department figures.

Tags: Economy, Interest Rates, GDP, Durable Goods, Manufacturing, Federal Reserve, Gross Domestic Product

January 3, 2018 - Industry News

Economic Watch: Manufacturing Surges, Construction Scores Record High

Two readings of the nation’s manufacturing sector showed solid increases in December with one showing the strongest growth in nearly three years while another report showed construction spending hit a record high.

Tags: Economy, Interest Rates, GDP, Manufacturing, Construction Spending, Federal Reserve, Gross Domestic Product

December 13, 2017 - Industry News

Fed Boosts Interest Rates Again, More Hikes Planned

The U.S. Federal Reserve’s Federal Open Market Committee raised interest rates again Wednesday. It's a sign that the Fed believes the economy is in no danger of slowing down, including taking into consideration this week's latest economic reports.

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

November 15, 2017 - Industry News

Economic Watch: Retail Sales, Consumer Prices Edge Higher

One of the biggest drivers of the American economy unexpectedly improved again in October, increasing hopes for a strong overall fourth quarter economic performance. A separate report showed just a minimal rise in inflation, but it’s likely strong enough to led the Federal Reserve to push interest rates higher next month.

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

October 13, 2017 - Industry News

Economic Watch: Consumer Prices Jump; Retail Sales and Consumer Sentiment Skyrocket

Retail prices recorded their biggest hike in eight months in September, according to a new report, while separate ones show the best improvement in retail sales in more than two years amid consumer sentiment hitting its highest level since 2004.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Consumer Sentiment

September 15, 2017 - Industry News

Economic Watch: New Figures Showing Storm Damage

Retail sales in the U.S. reversed course in August along with industrial production, both taking a hit due to due to recent storms, as price inflation reared its head, while consumers appeared to be ever resilient.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Consumer Sentiment, Federal Reserve, Producer Prices, Hurricane Harvey, Hurricane Irma

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, Federal Reserve, Used Vehicle Values

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

April 21, 2017 - Industry News

Economic Watch: Conditions Not as Bad as Recent Hard Numbers Suggest

There are good indications the U.S. economy will further strengthen following recent reports that conditions slowed a bit in the first quarter of the year and at the beginning of the second quarter.

Tags: Economy, Interest Rates, Freight, GDP, Manufacturing, Home Sales, Leading Economic Indicators, 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, Federal Reserve, Producer Prices, Used Vehicle Values

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 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

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