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Manufacturing

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April 27, 2017 - Industry News

Economic Watch: Equipment Spending Solid, New Homes Sales Brisk

New orders for long-lasting durable goods increased less than expected during March, according to a new Commerce Department report, but business investment on equipment appears to be solid following the rut it was in for nearly a couple of years.

Tags: Economy, Durable Goods, Manufacturing, Home Sales

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

April 18, 2017 - Industry News

Economic Watch: Weaker Numbers for Manufacturing, Housing

A measure of industrial production in the U.S. moved higher despite an easing in manufacturing, while the housing market also gave up some recent gains, according to reports issued Tuesday.

Tags: Economy, GDP, Industrial Production, Manufacturing, Housing Starts, Gross Domestic Product

April 3, 2017 - Industry News

Economic Watch: Manufacturing Growth Slows; Construction Hits 11-Year High

Two indicators show that while the manufacturing sector of the economy continued to grow in March, its rate of growth was slower than the month before. Meanwhile, a separate report showed construction spending rebounded to a level that’s the highest in more than a decade.

Tags: Economy, Manufacturing, Construction Spending

March 31, 2017 - Industry News

Nissan Opens Advanced Manufacturing Training Center

Photo: Nissan

The center operates as an extension of TCAT-Murfreesboro and is jointly occupied by Nissan and the College of Applied Technology.

Tags: Nissan, Vocational Training, Manufacturing

March 30, 2017 - Industry News

Trump Staffers Discuss NAFTA With MEMA

Photo via WhiteHouse.gov

The Motor & Equipment Manufacturers Association took part in a meeting with White House staff during which it sought information on possible changes to the North American Free Trade Agreement.

Tags: NAFTA, MEMA, Manufacturing, Suppliers, Donald Trump

March 24, 2017 - Industry News

Economic Watch: Latest Readings Show Mixed Results, Lower Expectations

Orders for long-lasting durable goods increased more than expected last month while a snapshot of manufacturing activity showed it slowed this month and there were mixed results for housing during February, according to four new economic reports.

Tags: Economy, Durable Goods, Manufacturing, Home Sales

March 17, 2017 - Industry News

Economic Watch: Latest Readings Full of Positives

A gauge of the health of the American economy has increased again, hitting its highest level in more than a decade. Meanwhile, manufacturing activity outpaced overall industrial output, consumer sentiment hit its highest level in over a decade, and homebuilding continues to trend up, according to a basket of reports issued Friday and Thursday.

Tags: Industrial Production, Manufacturing, Consumer Sentiment, Home Building, Economic Conditions

March 14, 2017 - Industry News

Isuzu Sets Production, Ordering for Class 6 Cabover

Photo of FTR cabovers courtesy of ICTA.

Isuzu Commercial Truck of America will begin production of its 2018 FTR Class 6 cabover in May and start taking orders for the medium-duty truck in April, the company announced at the Work Truck Show in Indianapolis.

Tags: Isuzu, Work Truck Show, Class 6, Manufacturing, Cabovers, Order to Delivery, Isuzu FTR, Medium-Duty Trucks

March 1, 2017 - Industry News

Economic Watch: Manufacturing Keeps Surging as Construction, Personal Spending Slip

Economic activity in the nation’s manufacturing sector continued expanding in February, according to two surveys of the nation’s purchasing managers. One report shows conditions are the best in two years while the other indicates things are slightly cooler than they were at the beginning of 2017.

Tags: Economy, Manufacturing, Construction Spending, Personal Income, Personal Spending

February 21, 2017 - Industry News

Economic Watch: Pace of Manufacturing Expansion Slows

A preliminary look at economic conditions in the U.S. manufacturing sector during February shows they improved at a slightly slower pace than the 22-month peak seen during January.

Tags: Economy, Manufacturing

February 15, 2017 - Industry News

Economic Watch: Retail Sales Jump But Price Pressures Building

Retail sales, one of the largest drivers of the U.S. economy, advanced in January, pointing to increased overall growth in the first quarter of the year. At the same time, prices on the retail and wholesale level posted big gains, and the manufacturing component for industrial production ticked higher.

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

February 3, 2017 - Industry News

Economic Watch: Job Growth Continues as Manufacturing Improves

Employers in the U.S. continue to add people to their payrolls at a healthy pace, and there is mounting evidence that the nation’s manufacturing sector is coming out of the doldrums.

Tags: Economy, Unemployment, Durable Goods, Manufacturing, Construction Spending, Employment

February 1, 2017 - Industry News

Economic Watch: Manufacturing, Employment Help Launch Strong 2017

The U.S. manufacturing industry kicked off the year with its strongest performance in two years, according to a new report, while a separate one about the sector plus others regarding employment, personal spending and incomes all points to increased economic growth.

Tags: Economy, Manufacturing, Employment, Personal Income, Personal Spending

January 24, 2017 - Industry News

Economic Watch: Manufacturing Starts Year Strong, Housing Best in Years

The U.S. manufacturing sector had a solid start to 2017, with overall operating conditions improving at the quickest pace for nearly two years, according to a preliminary report from IHS Markit.

Tags: Economy, Manufacturing, Home Starts, Home Sales, Home Building

January 23, 2017 - Industry News

SAF-Holland to Shift U.S. Production, Close Michigan Plants

The change will move manufacturing closer to its truck and trailer customers, the company said. Muskegon engineering operations will expand.

Tags: Industrial Production, SAF-Holland, Automotive Components, Manufacturing

January 6, 2017 - Industry News

Economic Watch: Trucking Continues to Help Employers Add Jobs

The for-hire trucking industry was partly to thank for the 156,000 non-farm jobs additions in the U.S. during December, according to new Labor Department figures. A separate report shows manufacturing remains healthy despite small declines in new orders.

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

January 3, 2017 - Industry News

Economic Watch: Manufacturing Best in 2 Years, Construction Highest in 10 Years

Manufacturing in the U.S. ended 2016 on a high note, hitting its best level since 2014, according to two new reports, while separate data reveals construction spending in the country hit its highest level in a little more than a decade.

Tags: Economy, Manufacturing, Construction Spending

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 1, 2016 - Industry News

Economic Watch: Manufacturing, Construction Post Impressive Gains

In another sign the U.S. economy is gathering more steam, two reports released Thursday morning showed a strong rebound in the nation’s manufacturing sector while another indicated construction remains strong following earlier positive indicators.

Tags: Economy, Manufacturing, Construction Spending

November 16, 2016 - Industry News

Economic Watch: Growth Continues, Sluggish in Some Areas

While the amount of U.S. industrial production was unchanged in October after falling 0.2% in September, manufacturing managed to squeeze out a gain, as optimism in the housing market continued amid signs of slower than usual growth.

Tags: Economy, Industrial Production, Manufacturing, Wholesale Prices, Producer Prices, Home Building

November 1, 2016 - Industry News

Economic Watch: Manufacturing Continues Rebound, Construction Falls

New economic reports show the nation’s manufacturing sector continues improving along with consumer spending-- the latest signs the overall economy is gaining traction-- while a separate report shows construction activity has eased, but only just a bit.

Tags: Economy, Manufacturing, Consumer Spending, Construction Spending

October 27, 2016 - Industry News

Economic Watch: Durable Goods Mixed, New Home Sales Best in 9 Years

Shipments and new orders for long-lasting manufactured durable goods were varied in September. While home sales continue growing, one key economic indicator fell.

Tags: Economy, Durable Goods, Manufacturing, Home Sales

October 24, 2016 - Industry News

Economic Watch: Manufacturing, Leading Indicators Rebound

New preliminary numbers suggest U.S. manufacturers started the fourth quarter in a strong fashion, and other numbers point to an improving overall economy in the final three months of the year -- with manufacturing and housing, two key areas related to truck freight, helping lead the way.

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

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