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Manufacturing

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July 1, 2014 - Industry News

Economic Watch: Manufacturing Up for 13th Month in a Row

Economic activity in the manufacturing sector expanded in June for the 13th consecutive month, and the overall economy grew for the 61st consecutive month, according to the Institute for Supply Management.

Tags: Economy, Manufacturing

June 4, 2014 - Industry News

Economic Watch: Fed's June Beige Book Report says Economy Expanded In All Districts

Manufacturing activity expanded throughout the nation with a notable improvement along the East Coast. Growth was particularly strong for several Distracts related to motor vehicles, aerospace, and metals. Both non-residential construction activity and commercial real estate markets were generally steady to stronger since the last report.

Tags: Economy, GDP, Manufacturing

June 4, 2014 - Industry News

Economic Watch: April Factory Orders, Construction Spending Rise

New orders for manufactured goods were up for the third consecutive month in April, rising 0.7% to $499.8 billion. April was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 1.5 percent March increase.

Tags: Economy, GDP, Manufacturing, Construction Spending

May 22, 2014 - Industry News

Economic Watch: Manufacturing, Existing Home Sales, Economic Indicators Improve

UPDATED -- Three newly released reports suggest the American economy may finally be shaking off the winter doldrums that brought business activity down in the first quarter, with expectations of improvements well into the year.

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

April 23, 2014 - Industry News

Economic Watch: Sales of New Homes Sink, Manufacturing Rising

Photo: Evan Lockridge

UPDATED -- Sales of new single-family homes in the U.S. plunged during March, hitting it lowest level since July and marking the third decline out of the last six months.

Tags: Economy, Home Sales, Manufacturing

April 2, 2014 - Industry News

Trucking Conditions Index Reflects Unprecedented Capacity Constraints

A new report shows business conditions in the trucking industry remain positive, despite a slight downturn, amid warnings of a possible capacity shortage.

Tags: Economy, Fleets, Freight, FTR, Capacity, Spot Freight, Manufacturing, Freight Rates, Freight Volume

April 1, 2014 - Industry News

Economic Watch: Manufacturing Expands, Construction Flat

Economic activity in the U.S. manufacturing sector expanded in March for the 10th consecutive month, and the overall economy grew for the 58th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business.

Tags: Economy, Manufacturing, Construction Spending

March 3, 2014 - Industry News

Economic Watch: Consumer Spending and Other Indicators Rise

UPDATED -- Consumers opened their wallets a little more in January than they did in December, according to new figures from the U.S. Commerce Department.

Tags: Economy, Consumer Spending, Auto Sales, Manufacturing, Construction Spending

February 27, 2014 - Industry News

Economic Watch: Durable Goods Shipments and Orders Fall

Shipments fell 0.4% in January from the month before, it’s third straight decline, after dropping 1.8% in December. Shipments of machinery led the decline, falling 2.6%.

Tags: Economy, Durable Goods, Manufacturing

February 20, 2014 - Industry News

Economic Watch: Manufacturing and Leading Index Up, Consumer Prices Tame

UPDATED -- U.S. manufacturing has hit is highest level in nearly four years, according to a report released Thursday

Tags: Economy, Manufacturing, Consumer Prices, Leading Economic Indicators

February 4, 2014 - Industry News

Economic Watch: Factory Orders and Shipments, Falling Deficit, New Fed Chair

Shipments and new orders for factor good both declined in December, according to new figures released by the U.S. Commerce Department.

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

February 3, 2014 - Industry News

Economic Watch: January Manufacturing Slows, 2013 Construction Explodes

Photo: Evan Lockridge

Economic activity in the manufacturing sector expanded in January for the eighth consecutive month, but retreated from levels seen in December, say the nation's supply executives.

Tags: Economy, Manufacturing, Construction Spending

January 6, 2014 - Industry News

Economic Watch: Factory Shipments and Orders Hit Record High

Shipments and new orders for manufactured goods in the United States both hit their highest levels on record in November, according to a new U.S. Commerce Department report released on Monday.

Tags: Economy, Freight, Manufacturing, Factory Orders

January 6, 2014 - Industry News

Truck Traffic Down at Ambassador Bridge

The busiest border crossing between the United States and Canada saw fewer trucks during most of last year, amid indications there is less freight flowing south.

Tags: Canada, Cross-Border Trucking, Freight, Manufacturing, Ambassador Bridge

January 2, 2014 - Industry News

Economic Watch: Manufacturing Continues Expansion, Construction and Consumer Confidence Jump

Economic activity in the nation’s manufacturing sector expanded in December for the seventh consecutive month, and the overall economy grew for the 55th consecutive month, according to a new report from the nation’s purchasing managers.

Tags: Economy, Manufacturing, Construction Spending, Consumer Confidence

December 2, 2013 - Industry News

Economic Watch: Newest Measures Generally Positive

UPDATED -- Total construction spending in the United States hit a four and half year high in October, according to U.S. Commerce Department report released on Monday.

Tags: Economy, Durable Goods, Leading Economic Indicators, Construction Spending, Manufacturing

November 5, 2013 - Industry News

Economic Watch: Non-Manufacturing and Manufacturing Sectors Improve

Economic activity in the non-manufacturing sector grew in October for the 46th consecutive month, according to the nation's purchasing and supply executives in the latest Non-Manufacturing Institute for Supply Management Report On Business.

Tags: Economy, Manufacturing, Non-Manufacturing

November 1, 2013 - Industry News

Economic Watch: U.S. Manufacturing Expands in October

Economic activity in the nation’s manufacturing sector expanded in October for the fifth consecutive month and the overall economy grew for the 53rd consecutive month, according to the nation's supply executives in a survey by the Institute of Supply Management.

Tags: Economy, Manufacturing

October 30, 2013 - Industry News

Investment Brings Mack Axle Production to Hagerstown Plant

Mack Trucks announced that as part of a $30 million investment, the Hagerstown, Md. plant that produces all Mack engines and transmissions will begin assembling all Mack heavy-duty drive axles and machining all Mack carrier housings.

Tags: Mack, Expansion, Manufacturing

September 26, 2013 - Industry News

Economic Watch: Three New Reports Show Slow Improvements

Growth for the nation’s economy picked up dramatically in the second quarter of the year with the gross domestic product increasing at an annual rate of 2.5%.

Tags: Economy, Freight, GDP, Durable Goods, Manufacturing, Home Sales

September 24, 2013 - Industry News

Economic Watch: Trucking Freight Boom Forecast

Photo: Evan Lockridge

There could be a lot more freight for trucking to move in the future from the nation’s manufacturing sector.

Tags: Economy, Freight, Manufacturing

September 5, 2013 - Industry News

Stifel: Soft Economy Makes Rate Hikes Tough, Despite Driver Shortage

Although a "cavalcade of regulations" is expected to make it harder than ever to find drivers, an economy that continues to grow at a sub-potential rate means fleets don't have a lot of leverage when it comes to raising rates, according to John Larkin and fellow transportation analysts at the Stifel Nicolaus investment firm.

Tags: Drivers, Economy, Manufacturing, Consumer Spending, Stifel Nicolaus

September 5, 2013 - Industry News

Economic Watch: Factory Shipments Increase While New Orders Decline

Photo: Evan Lockridge

Shipment of factory orders in July increased while new orders fell, according to a new Commerce Department report. Overall shipments saw their second hike in the past three months, but durable goods shipments fell slightly.

Tags: Economy, Durable Goods, Manufacturing, Factory Orders

July 16, 2013 - Industry News

Economic Watch: Industrial Production, Consumer Prices and Homebuilder Confidence Rise

Industrial production in the United States has posted its largest increase in four months, according to the U.S. Federal Reserve. The overall performance matched a consensus estimate by economists surveyed by Bloomberg News, while the manufacturing number -- key to truck freight -- was better than expected.

Tags: Economy, Manufacturing, Consumer Prices, Home Sales, Industrial Production

July 2, 2013 - Industry News

Economic Watch: Factory Shipments and Orders Increase in May

Shipments and new orders for manufactured goods in the United States both headed higher in May, according to a new U.S. Commerce Department report, easing earlier fears this important sector to trucking and the economy might be in for tougher times.

Tags: Economy, Durable Goods, Manufacturing

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