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February 12, 2016 - Industry News

Economic Watch: Strong Retail Sales Despite Lower Consumer Sentiment

One of the biggest drivers of the U.S. economy posted broad-based gains in January, which could ease fears following earlier indications that overall activity was slowing. However, a separate report on inventories still raises concerns about a bumpy ride.

Tags: Economy, Retail Sales, Consumer Confidence, Manufacturing, Consumer Sentiment

February 1, 2016 - Industry News

Economic Watch: Lackluster December Numbers for Manufacturing, Personal Spending, Construction

While activity in the nation’s manufacturing improved in January from the month before, according to reports on Monday, there is disagreement as to whether this sector is expanding or shrinking.

Tags: Economy, Manufacturing, Construction Spending, Personal Spending

January 28, 2016 - Industry News

Peterbilt’s Denton Plant Celebrates 35th Anniversary

Denton's original employees with the first truck produced at the facility. Photo: Peterbilt

Peterbilt’s Denton, Texas, manufacturing plant is celebrating its 35th year of operation. Since opening in 1980, it has built nearly 500,000 trucks.

Tags: Vehicle Production, Peterbilt, Company Anniversaries, Manufacturing

January 22, 2016 - Industry News

Economic Watch: Manufacturing, Housing Post Big Rebounds

U.S. manufacturers started the year with a rebound in output and new business growth, according to preliminary results of a survey released Friday. A separate report shows sales of existing homes were the best since before the Great Recession.

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

January 15, 2016 - Industry News

Economic Watch: Latest Indicators Lagging but Consumers Upbeat

The latest numbers about the state of the American economy show activity has slowed in key sectors, including one of the biggest drivers, with retail sales turning in its weakest improvement since 2009.

Tags: Economy, Retail Sales, Consumer Confidence, Industrial Production, Manufacturing, Wholesale Prices, Producer Prices

January 6, 2016 - Industry News

Economic Watch: Manufacturing, Service Sectors Decline, Employment Jumps

Shipments of manufactured goods in the U.S. increased slightly in November, according to a new and full government report, while new orders posted its third decline in the last four months.

Tags: Economy, Durable Goods, Manufacturing, Factory Orders, Non-Manufacturing, Employment, Factory Shipments

December 16, 2015 - Industry News

Economic Watch: Mixed Numbers Ahead of Fed Announcement

Economic reports Wednesday morning ahead of the U.S. Federal Reserve's Open Market Committee didn't offer a clear picture on the state of the economy, with slower manufacturing growth but a boost in housing numbers.

Tags: Economy, Industrial Production, Manufacturing, Consumer Prices, Housing Starts, Federal Reserve

December 4, 2015 - Industry News

Economic Watch: Trucking Adds to Overall Employment, Factory Activity Mixed

The U.S. economy continued adding jobs in November as trucking employment turned around from the month before, while a separate report on manufacturing was only somewhat positive for the industry.

Tags: Economy, Unemployment, Manufacturing, Factory Orders, Employment, Factory Shipments

December 1, 2015 - Industry News

Economic Watch: Manufacturing Activity Contracts, Construction Booms

A closely watched gauge of activity within the nation’s manufacturing sector shows it not only declined for the fifth straight month, but also that activity contracted during November for the first time in three years, according to the nation’s supply executives.

Tags: Canada, Economy, Industrial Production, Durable Goods, Manufacturing

November 24, 2015 - Industry News

Agility Fuel Systems Names New CEO

Kathleen Ligocki Photo: Agility

Natural gas fuel system manufacturer Agility Fuel Systems has named Kathleen Ligocki chief executive officer effective Dec. 3.

Tags: Natural Gas, People, Manufacturing, Agility Fuel Systems

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

November 2, 2015 - Industry News

Economic Watch: New Manufacturing Orders Jump, Construction Leaps

Economic activity in the nation’s manufacturing may finally be gaining some momentum after some declines, according to two new reports.

Tags: Economy, Manufacturing, Construction Spending

October 27, 2015 - Industry News

Economic Watch: Durable Goods Orders, Consumer Confidence Both Fall

A stretch of recently leaner times for at least one part of the nation’s manufacturing sector could be nearing an end, despite a new report showing lower new orders.

Tags: Economy, Durable Goods, Manufacturing, Consumer Sentiment

October 26, 2015 - Industry News

Economic Watch: New Home Sales Plunge, Manufacturing Rebounds

Sales of newly built, single-family homes fell to their lowest level since last November, while a separate report shows the first improvement in the nation’s manufacturing sector in five months.

Tags: Economy, Home Sales, Manufacturing

October 2, 2015 - Industry News

Economic Watch: Employment, Manufacturing Disappoint; Construction Skyrockets

Despite a booming construction sector, the latest reports on jobs and manufacturing have some concerned that the U.S. economy is losing some of its steam.

Tags: Economy, Construction Industry, Unemployment, Manufacturing, Factory Orders, Construction Spending, Employment, Factory Shipments

September 24, 2015 - Industry News

Economic Watch: Manufacturing Cools, New Homes Soar

Economic watchers got a mixed bag of reports on Thursday. One showed an easing in part of the manufacturing sector, including a measure of business investment. However, two others were upbeat regarding housing and the upcoming holiday sales season.

Tags: Economy, Retail Sales, Durable Goods, Manufacturing, Home Sales

September 23, 2015 - Industry News

Economic Watch: Manufacturing Still Sluggish, Construction Declines

September marks another month of relatively subdued growth across the U.S. manufacturing sector, according to a preliminary report, and construction activity in the U.S. retreated in August.

Tags: Economy, Construction Industry, Manufacturing

September 2, 2015 - Industry News

Economic Watch: U.S. Jobs Picture Improves, Manufacturing Struggling

The employment picture in the U.S. continues to improve but the manufacturing sector is fighting to show better signs of life.

Tags: Economy, Manufacturing, Factory Orders, Employment, Factory Shipments

September 2, 2015 - Industry News

Double Coin to Increase Truck and Bus Radial Tire Production

Double Coin Holdings plans to expand its truck tire manufacturing facility in Rugao, China, by adding a low-rolling resistance truck line that will produce an additional 1.5 million truck and bus radial tires a year.

Tags: China, Double Coin, Tires, Manufacturing, CMA

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

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