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Retail Sales

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April 17, 2018 - Industry News

Economic Watch: Industrial Production, New Homes, Retail Sales Move Higher

The latest numbers about the health of the U.S. economy showed continued growth when it comes to industrial production, housing starts, and retail sales, indicating increasing energy for the first part of the second quarter.

Tags: Economy, Retail Sales, GDP, Industrial Production, Manufacturing, Home Starts

April 11, 2018 - Industry News

Economic Watch: Domestic Inflation Picking Up

While consumer prices declined for the first time in 10 months during March, there is increasing evidence that inflation is picking up at both the retail and wholesale levels.

Tags: Economy, Retail Sales, Department of Labor

March 14, 2018 - Industry News

Economic Watch: Retail Sales Down Again, Inflation in Check

Retail sales in the U.S fell for the third straight month in February, according to new government numbers, pointing to slower economic growth in the first quarter. Separate reports about inflation showed it cooled at both the retail and wholesale levels.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Federal Reserve, Producer Prices

February 16, 2018 - Industry News

Economic Watch: Manufacturing Lags, but Homes, E-Commerce, Consumer Sentiment Rise

Several recent economic indicators, with the exception of a measure of the total output from the nation’s factories, mines and utilities production, have all moved higher. That indicates economic activity in the first month to month and a half of 2017 is still very much alive, despite recent concerns about the future following stock market gyrations.

Tags: Economy, Retail Sales, E-commerce, Industrial Production, Manufacturing, Consumer Sentiment, Home Building

February 14, 2018 - Industry News

Economic Watch: Retail Prices Jump as Retail Sales Drop

Prices at the retail level jumped more than expected during January, raising concerns about rising inflation as well as interest rates, while a separate reported showed one of the biggest drivers of the U.S. economy declined by the most in nearly a year.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Federal Reserve

February 8, 2018 - Industry News

Economic Watch: Retailers Expect 2018 to be Another Banner Year

One of the biggest drivers of the U.S. economy is expected to grow between 3.8% and 4.4% this year over 2017, according to a new economic forecast from the trade group the National Retail Federation.

Tags: Economy, Retail Sales, GDP, Unemployment, Employment, Gross Domestic Product

January 29, 2018 - Industry News

Trucking Aftermarket Poised for Growth Through 2022

MacKay & Co. is seeing growth for the U.S. aftermarket out to 2022. Photo: Creative Commons

In 2017 the U.S. aftermarket for Class 6-8 trucks and trailers grew to $30.4 billion and it could be poised for growth through 2022.

Tags: Truck Sales, Retail Sales, Aftermarket Parts, HDAW, MacKay and Co.

January 12, 2018 - Industry News

Economic Watch: Annual Retail Sales Best in 3 Years, Inflation Threat Eases

Retail sales ended 2017 on a high note, while price inflation at both the retail and wholesale levels are of so little threat to the economy, some analysts are wondering if they will keep a lid on planned interest rate hikes.

Tags: Economy, Retail Sales, Consumer Prices, Producer Prices

January 2, 2018 - Industry News

Online Retailers Averaged 1 Million Returns in December

Photo: UPS

UPS is expecting a record 1.4 million returns on Jan. 3 after averaging more than 1 million returns every day before Christmas in December.

Tags: UPS, Retail Sales, E-commerce, Amazon.com, Delivery Fleets

December 15, 2017 - Industry News

Economic Watch: Industrial Production, Manufacturing, Retail Sales Post Solid Gains

The amount of output from the nation’s factories, mines, and utilities posted its third straight monthly increase in November, according to newly released figures, while separate reports showed manufacturing increasing even more last month while retail sales are surging.

Tags: Economy, Retail Sales, Industrial Production, Manufacturing

November 17, 2017 - Industry News

Economic Watch: Housing, Industrial Production, E-Commerce Sales Improve

The U.S. housing market improved in October following some ups and downs earlier in the year, while industrial production jumped in part due to increased manufacturing. And e-commerce retail sales continued booming in the third quarter.

Tags: Economy, Retail Sales, E-commerce, Industrial Production, Housing, Manufacturing, Housing Starts

November 15, 2017 - Industry News

Economic Watch: Retail Sales, Consumer Prices Edge Higher

One of the biggest drivers of the American economy unexpectedly improved again in October, increasing hopes for a strong overall fourth quarter economic performance. A separate report showed just a minimal rise in inflation, but it’s likely strong enough to led the Federal Reserve to push interest rates higher next month.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Federal Reserve, Producer Prices

November 14, 2017 - Industry News

Economic Watch: Estimated 164 Million Hitting Stores Thanksgiving Weekend

The biggest shopping weekend of the year is right around the corner, and two out of every three Americans are planning to shop or considering shopping during Thanksgiving weekend, according to a new report. And that means a lot of freight moving by trucks.

Tags: Economy, Retail Sales

October 13, 2017 - Industry News

Economic Watch: Consumer Prices Jump; Retail Sales and Consumer Sentiment Skyrocket

Retail prices recorded their biggest hike in eight months in September, according to a new report, while separate ones show the best improvement in retail sales in more than two years amid consumer sentiment hitting its highest level since 2004.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Consumer Sentiment

September 15, 2017 - Industry News

Economic Watch: New Figures Showing Storm Damage

Retail sales in the U.S. reversed course in August along with industrial production, both taking a hit due to due to recent storms, as price inflation reared its head, while consumers appeared to be ever resilient.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Consumer Sentiment, Federal Reserve, Producer Prices, Hurricane Harvey, Hurricane Irma

August 17, 2017 - Industry News

Economic Watch: Manufacturing Slips as E-Commerce Jumps

New economic reports this week paint a picture of a U.S. economy that continues to gain momentum following a slow start to the year, due in part to increased e-commerce – despite some bumps in the road for manufacturing and housing.

Tags: Economy, Retail Sales, E-commerce, Industrial Production, Manufacturing, Leading Economic Indicators, Home Building

August 15, 2017 - Industry News

Economic Watch: Retail Sales Gains Push GDP Hopes Higher

One of the biggest drivers of the U.S. economy shifted into high gear in July, posting its biggest gain in seven months, according to a new Commerce Department report.

Tags: Economy, Retail Sales, GDP, Gross Domestic Product

August 11, 2017 - Industry News

Imports Expected to Hit New Monthly, Annual Records

Boosted by continuing retail sales growth, August is expected to be the busiest month on record for imports at the nation’s major retail container ports and 2017 is on track to set a new annual high, according to the monthly Global Port Tracker report released Friday by the trade group the National Retail Federation (NRF) and the consulting firm Hackett Associates.

Tags: Economy, Retail Sales, Containers, Port Trucking

July 19, 2017 - Industry News

Economic Watch: Concerns Remain Despite Housing Rebound

Housing starts in the U.S. bounced back, according to a new Commerce Department report, but concerns remain about the future of the housing market as well as the wider economy.

Tags: Economy, Retail Sales, GDP, Housing Starts, Consumer Sentiment, Gross Domestic Product

July 14, 2017 - Industry News

How the Amazon-Whole Foods Deal Could Change Trucking

New market trends, including the recent Amazon acquistion of Whole Foods, are creating opportunites for fleets willing to rethink pickup and last-mile delivery. Photo: Tiger Cool Express

Opportunities are on the horizon for fleets willing to embrace new market trends and rethink some aspects of their operations, according to logistics experts Tom Finkbiner and Ted Prince, founders of Tiger Cool Express.

Tags: Refrigerated Truck, Retail Sales, Amazon.com, Intermodal, ELDS, Food and Beverage Fleets, Last Mile Delivery, Tiger Cool Express, FSMA

June 14, 2017 - Industry News

Economic Watch: Fed Hikes Interest Rates Again; Retail Sales, Inflation Ease

Despite retail sales falling by the biggest amount in 16 months and a dip in consumer prices, the Federal Reserve raised interest rates on Wednesday for the third consecutive quarter as the central bank signaled its confidence in the U.S. economy.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Federal Reserve, Producer Prices

May 16, 2017 - Industry News

Economic Watch: Industrial Production, E-Commerce Jump; Home Starts Drop

Industrial production in the U.S. rose in April more than expected and by the fastest rate in more than three years, according to a new report issued Tuesday. Meanwhile, separate reports show e-commerce continues to boom but the building of new homes fell for the second straight month.

Tags: Economy, Retail Sales, E-commerce, Industrial Production, Manufacturing, Home Starts

May 12, 2017 - Industry News

Economic Watch: Retail Sales Bounce Back along with Inflation Pressures

Retail sales in the U.S. bounced back in April after falling the month before as two readings of inflation also rebounded, all raising the prospect that the Federal Reserve will increase interest rates again in June.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Federal Reserve, Used Vehicle Values

April 14, 2017 - Industry News

Economic Watch: Retail Sales Ease as Consumer Prices Drop Slightly

Retail sales fell for the second straight month during March, according to the Commerce Department on Friday. Separate reports showed consumer prices declined – but there are expectations that retail imports will continue to grow as the overall economy expands.

Tags: Economy, Retail Sales, GDP, Consumer Prices, Gross Domestic Product, Ports

March 15, 2017 - Industry News

Economic Watch: Fed Pushes Interest Rates Higher Amid Improving Signs

The Federal Reserve on Wednesday increased the nation’s benchmark interest rate for the third time since its first hike in nearly a decade in December 2015, amid evidence of a steady economy and indications of more interest rate increases later this year.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Federal Reserve, Producer Prices, Used Vehicle Values

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