Recently released economic numbers show the U.S. economy is slowly chugging along, but there are some indications things may be getting ready to turn around.
Retail sales in June increased for the second month in a row, up 0.2% following a revised 0.4% gain in May. Helping drive the increase was a 1.5% increase in new car sales, good news for car haulers. However, when car sales numbers are removed from the equation, overall retail sales in June fell 0.2%, the first decline in three months.
Other big gainers for the month include sales at electronics and appliances stores, increasing 1.1% after being unchanged in May, while general merchandise sales were up 0.4% after falling 1.3% the month before.
The Associated Press reports that some analysts expect the second quarter of the year to be the weakest for the U.S. economy this year. First quarter growth registered 1.2%.
There are also predictions the economy may be about to turn around.
The Producer Price Index, essentially wholesale prices, fell 0.4% in June and registered its biggest drop in more than two years, driven mainly by falling energy prices, from electricity, to diesel to gasoline. While this might normally indicate weaker demand for products, this, along with lower interest rates and tax rebate checks expected by many Americans starting this month, could get consumers back on the bandwagon when it comes to spending. And they may already be thinking about doing just that.
The University of Michigan’s preliminary index of consumer sentiment in July increased from June, indicating consumers' attitudes about the economy and their own financial future are getting better.
Meanwhile, the U.S. Commerce Department reported Monday that business inventories remained virtually unchanged during May, for the fourth month in a row.
This news, when combined with news of increased sales in June, may indicate manufacturers could soon boost production, translating to more goods for trucking companies to haul.
Bloomberg reports the rise in sales pushed the inventory-to-sales ratio, which measures the length of time goods remain unsold, to the lowest this year, a sign companies are making headway in bringing stockpiles in line with consumer demand.
Economic Numbers Mixed, Hope Still On The Horizon
Recently released economic numbers show the U.S. economy is slowly chugging along, but there are some indications things may be getting ready to turn around
More Fleet Management

AI Security Risks for Trucking Fleets: What to Know About Deepfakes and Agentic AI
As fleets adopt artificial intelligence for routing, maintenance, and load matching, new security risks are emerging. Learn where the vulnerabilities are and how to put the right controls in place.
Read More →
FMCSA’s Motus System Is Coming. What Fleets Need to Know Now
The long-awaited registration system promises a single portal — and tighter fraud controls.
Read More →
Cargo Theft Incidents Fall in Q1, but Organized Crime and Impersonation Drive New Risks
CargoNet reports fewer supply chain crime events to start 2026. But losses hold steady as organized crime shifts tactics toward impersonation schemes and high-value goods.
Read More →
Nominations Open for HDT Truck Fleet Innovators 2026
Heavy Duty Trucking is searching for forward-looking leaders at trucking fleets as nominations for HDT’s Truck Fleet Innovators 2026. Deadline is May 15.
Read More →
New Trojan Driver Cargo Theft Scam Bypasses Carrier Vetting Systems
Cargo theft rings plant operatives as drivers inside legitimate, fully vetted carriers, then execute coordinated thefts that look like a traditional straight theft from the outside.
Read More →
March Truck Tonnage Posts Strongest Annual Gain Since 2022
A modest sequential increase capped the strongest quarterly performance in years, signaling continued freight momentum in early 2026.
Read More →
Ohio Turnpike Targets $5.2 Million in Unpaid Tolls from Trucking Firms
More than 300 carriers across 26 states have been sent to collections as the Ohio Turnpike cracks down on toll evasion and delinquent payments.
Read More →
'Beyond Compliance,' Regulations, Driver Coaching on ATRI’s 2026 Research List
The American Transportation Research Institute will examine driver coaching, regulatory impacts — including the "Beyond Compliance" concept —and weather disruptions that shape trucking operations.
Read More →
Fleet Advantage's Brian Antonellis on the Growing Need to Replace Old Trucks
Fleet Advantage's Brian Antonellis says it's time for fleets to get back to the fundamentals of good maintenance practices. And that includes replacing older, inefficient equipment.
Read More →
Truckstop.com Adding to Open Deck, Heavy Haul Offerings
Load matching for flatbed, lowbed, oversize and overweight loads can't be automated like basic van freight, but Truckstop.com is adding more high-tech tools to help.
Read More →
