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June 29, 2016 - Industry News

Economic Watch: Consumer Spending Fueling Better Overall Growth

One of the biggest drivers of the U.S. economy increased for the second straight month in May, adding to optimism that growth in the second quarter will be better than the slow first quarter pace.

Tags: Economy, Consumer Spending, Personal Income

March 30, 2016 - Industry News

Economic Watch: Employers Adding Jobs, Consumers Relatively Happy

Private sector employment increased by 200,000 jobs from February to March, according to the latest National Employment Report from payroll processor ADP, while the mood of consumers has improved, with spending and incomes seeing modest gains.

Tags: Consumer Confidence, Employment, Personal Income, Personal Spending

February 26, 2016 - Industry News

Economic Watch: GDP Improves; Capital Spending, Consumers Rebound

Following a raft of disappointing economic news, there are new encouraging signs about the health of the American economic, with improvements in some of the most closely watched measures – including the beleaguered manufacturing sector.

Tags: Economy, GDP, Durable Goods, Home Sales, Consumer Sentiment, Personal Income, Personal Spending, Gross Domestic Product

September 29, 2015 - Industry News

Economic Watch: Consumer Confidence, Spending Increasing

Consumers are feeling better than they were before and are spending more money because they are taking home larger paychecks, according two new reports. That bodes well for truck freight.

Tags: Economy, Consumer Confidence, Personal Income, Personal Spending

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

June 25, 2015 - Industry News

Economic Watch: Consumer Spending Jumps, Service Sector Declines

Economic Watch: American consumers opened their wallets a whole lot more in May, with consumer spending increasing the most in nearly six years.

Tags: Economy, Consumer Spending, Non-Manufacturing, Personal Income

December 1, 2014 - Industry News

Economic Watch: Gains in Durables, New Home Sales, Consumer Confidence

Key economic indicators for October that were posted last week show mostly good news for trucking, including durable goods, home sales and consumer confidence.

Tags: Economy, Consumer Confidence, Durable Goods, Home Sales, Consumer Spending, Personal Income

September 29, 2014 - Industry News

Economic Watch: Personal Spending, Income, Consumer Sentiment Higher

Personal spending in the U.S. increased 0.5% in August from the month before, according to a new Commerce Department report. However, the pace may be slower than it should be to support the continued pace of manufacturing, says one analyst.

Tags: Economy, Consumer Sentiment, Personal Income, Personal Spending

August 29, 2014 - Industry News

Economic Watch: Consumer Spending Posts First Decline Since January

Consumers unexpectedly backed off on personal spending in July by just a bit, while income moved slightly higher, according to a new U.S. Commerce Department report, raising concerns that wages are not keeping up with household needs.

Tags: Economy, Consumer Spending, Personal Income

May 1, 2014 - Industry News

Economic Watch: Consumer Spending, Construction, Manufacturing Post Gains

UPDATED -- A new report shows U.S. consumer spending in March took its biggest leap forward since August 2009.

Tags: Economy, Consumer Spending, Personal Income

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