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Manufacturing

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August 25, 2015 - Industry News

Economic Watch: Latest Readings Don’t Merit Wall Street's Panic

The underlying fundamentals of the U.S. economy are better than, or at least nowhere near as bad as, the panic that set into Wall Street starting late last week and extended into Monday, according to several newly released reports.

Tags: Economy, Consumer Confidence, Manufacturing, Home Sales, Non-Manufacturing, Leading Economic Indicators

August 3, 2015 - Industry News

Economic Watch: Manufacturing Uneven, Consumer Spending Strong

The pace of U.S. manufacturing growth, a key indicator affecting trucking, slowed in July from its highest level in five months, according to a survey of the nation’s supply executives.

Tags: Economy, Manufacturing, Consumer Spending, Personal Income

July 27, 2015 - Industry News

Economic Watch: Durable Goods Rebound, Still Down for 2015

New orders and shipments for manufactured durable goods rebounded in June following two straight monthly drops, while business investment also turned around, according to the Commerce Department.

Tags: Economy, Durable Goods, Manufacturing

July 24, 2015 - Industry News

Economic Watch: New Home Sales Plummet, Manufacturing Rebounds

Sales of newly built, single-family homes in the U.S. dropped 6.8% in June from the previous month but are still up 18% over last year.

Tags: Economy, Manufacturing, Home Sales

July 1, 2015 - Industry News

Economic Watch: Jobs Growing, Manufacturing Expanding

Private sector employment in June saw its biggest month-over-month improvement since December, the third month-over-month jump in a row.

Tags: Economy, Manufacturing, Employment

June 23, 2015 - Industry News

Economic Watch: Durable Goods Fall as Manufacturing Slows

A first look at May orders and shipments of manufactured durable goods, a key indicator for trucking freight.

Tags: Economy, Durable Goods, Manufacturing

June 1, 2015 - Industry News

Economic Watch: Manufacturing, Construction Improve; Consumer Spending Stalls

Business conditions in the nation’s manufacturing sector turned around in May from the month before, while construction spending hit a six-year high. A weak spot? Consumer spending.

Tags: Economy, Manufacturing, Consumer Spending, Construction Spending

May 21, 2015 - Industry News

Economic Watch: Manufacturing Declines, Leading Indicators Increase

A first look at the nation’s manufacturing sector shows activity has declined for the second straight month. However, a measure of future economy activity is on the upswing.

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

May 11, 2015 - Industry News

Trucking Conditions Index Subdued by Weak Manufacturing

Graph via FTR

The FTR Trucking Conditions Index fell slightly in March to a reading of 7.3, reflecting lessened demand for truck services and normalizing fuel costs.

Tags: Economy, FTR, Trucking Conditions Index, Manufacturing

May 1, 2015 - Industry News

Economic Watch: Manufacturing Growth Slows, Consumers Optimistic

Photo: Revisorweb via Wikimedia Commons

The level of manufacturing in the U.S. was unchanged in April compared to the month before, according to a new survey of the nation’s purchasing managers.

Tags: Economy, Consumer Confidence, Manufacturing, Consumer Spending, Construction Spending

April 23, 2015 - Industry News

Economic Watch: New Homes Sales Mixed, Manufacturing Slows

Photo by Evan Lockridge

Sales of new homes in the U.S. during March fell the most in more than 18 months following three straight monthly gains, according to the Commerce Department.

Tags: Economy, Manufacturing, Home Sales

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

February 2, 2015 - Industry News

Economic Watch: Consumer Spending, Manufacturing Drop; Construction Rises

Photo: Revisorweb via Wikimedia Commons

Consumer spending during December posted its biggest drop since September 2009, according to a new U.S. Commerce Department report on Monday.

Tags: Economy, Manufacturing, Consumer Spending, Construction Spending

January 23, 2015 - Industry News

Economic Watch: Manufacturing Expanding, Leading Indicators Rise

One of the first looks at how the economy is doing in the New Year shows a further upturn in business conditions across the U.S. manufacturing sector, but the overall rate of improvement eased further from last August’s peak.

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

January 22, 2015 - Industry News

December Trailer Orders Near Record Numbers

Photo: Utility Trailers.

December trailer orders were second only to October 2014 in volume, and trailer orders for the year hit an all-time high.

Tags: Dry Vans, FTR, Manufacturing, Trailer Orders, Trailers

January 5, 2015 - Industry News

Economic Watch: Manufacturing Slows, Construction Spending Slips

Photo: Evan Lockridge

Economic activity in the manufacturing sector expanded in December for the 19th consecutive month, but it was the slowest pace in six months, according to the nation’s supply executives.

Tags: Economy, Manufacturing, Construction Spending

December 1, 2014 - Industry News

Economic Watch: Manufacturing Growth Slowed in November

Economic activity in the manufacturing sector expanded in November for the 18th consecutive month, but at a slower pace, according to the nation’s supply executives in the latest survey by the Institute for Supply Management

Tags: Economy, Manufacturing

November 3, 2014 - Industry News

Economic Watch: Manufacturing Expanding, Construction Down

Economic activity in the manufacturing sector expanded in October for the 17th consecutive month, its highest level since March 2011, according to nation’s supply executives.

Tags: Economy, Manufacturing, Consumer Spending

October 23, 2014 - Industry News

Economic Watch: Leading Indicators, Manufacturing Ease

A measure of where the American economy is headed in the next three to six months shows conditions are improving, but not as fast as they have been, according to the private research group The Conference Board.

Tags: Economy, Manufacturing, Leading Economic Indicators

October 6, 2014 - Industry News

Economic Watch: Unemployment Falls; Manufacturing, Construction Slows

Both the trucking industry and the overall economy added jobs in September, pushing the unemployment rate down below 6% for the first time since July 2008 and hitting its lowest level in six years.

Tags: Economy, Unemployment, Manufacturing, Non-Manufacturing, Construction Spending, Employment

September 23, 2014 - Industry News

Survey Finds 3PL CEOs Confident About Future Growth in the Industry

The chief executives of third-party logistics providers are confident about the current state and future revenue growth of their companies and regional 3PL industries, according to an annual survey.

Tags: Penske Logistics, Survey, Manufacturing, 3PL, Global

September 23, 2014 - Industry News

Economic Watch: Manufacturing Continues Strong Performance

A measure of the strength of the U.S. manufacturing sector was unchanged this month from August, but remains strong at a 52-month high, according to a new report released Tuesday morning by the financial information services provider Markit Economics.

Tags: Economy, Manufacturing

September 3, 2014 - Industry News

Economic Watch: Factory Shipments, Orders Hit Record Highs

Photo: Evan Lockridge

Shipments of U.S. manufactured goods increased again in July, while new orders for them skyrocketed, with both hitting record high levels going back to 1992.

Tags: Economy, Factory Orders, Factory Shipments, Manufacturing, Durable Goods

September 2, 2014 - Industry News

Economic Watch: Manufacturing, Construction at Highest Level in Years

Photo: Evan Lockridge

U.S. Economic activity in the manufacturing sector expanded in August for the 15th consecutive month, hitting its highest level since March 2011, according to the nation's supply executives.

Tags: Economy, Manufacturing, Construction Spending

August 21, 2014 - Industry News

Heavy Duty Truck Manufacturing Value Up More Than 50%

The total value of shipments in the heavy-duty truck manufacturing business have increased the most of three vehicle classes over the past five-years, according to new 2012 Economic Census statistics released Thursday by the U.S. Census Bureau.

Tags: SUV, Vans, Economy, Pickup Trucks, OEM, Light-Duty Trucks, Heavy-Duty Trucks, Vehicle Manufacturing, Manufacturing

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