Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Economic Watch: Retail Sales Post Biggest Gain in Eight Months

The 0.7% increase from the month before is well above what many analysts were expecting.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
December 11, 2014
Economic Watch: Retail Sales Post Biggest Gain in Eight Months

Photo: Evan Lockridge

2 min to read


Photo: Evan Lockridge

Retail sales were brisk in November, posting the biggest increase in eight months, according to U.S. Commerce Department figures released Thursday.

Ad Loading...

The 0.7% increase from the month before is well above what many analysts were expecting.

Ad Loading...

The Department also revised October retail sales numbers from September to a 0.5% gain, up from an earlier reported 0.3% increase.

The November performance is 5.1% higher than retail sales in November 2013.

Leading the increase was a 9.5% increase in sales at auto and other vehicle dealers from a year earlier, while non-store retailers saw an 8.7% increase in sales. Overall sales excluding autos, building materials, food and fuel increased 0.6% in November from the month before following a 0.5% increase in October.

Due to November’s increase and October’s revision, the three-month average rose from a 0.3% increase to 0.4% jump.

“After four months of price declines at the pump, consumers finally appear to be at least modestly more willing to increase spending above a dilapidated 0.3% average pace,” said Lindsey Piegza, chief economist at the investment firm Sterne Agee. “A welcome sign for retailers, against a backdrop of still minimum wage pressures, consumers are unlikely to ramp up spending beyond this morning's boost through the end of the year, keeping consumption relatively on pace with the third quarter.”

Ad Loading...

While these latest numbers are far from showing a robust spending trend, she said, two back-to-back reports of above-trend growth after months of waning momentum since March, it appears consumers were on firmer footing at the start of the fourth quarter than previously reported.

More Fleet Management

ATA President Chris Spear.
Fleet Managementby Jack RobertsMarch 17, 2026

ATA’s Spear Warns Fuel Prices, Trade Policy, and Global Conflict Could Stall Trucking Recovery

Speaking at the TMC Annual Meeting in Nashville, ATA President Chris Spear said trucking faces mounting pressure from rising fuel prices, geopolitical instability, and uncertainty around trade policy.

Read More →
Illustration of author headshot with black-and-white old-fashioned rig in the background

New Entrants, Chameleon Carriers, and Safety: Is It Too Easy to Start a Trucking Company?

More than 100,000 new trucking companies enter the industry each year, but regulators manage to audit only a fraction of them. That churn creates opportunities for inexperienced startups — and for “chameleon carriers” that shut down after safety violations and reappear under new identities. Read more from Deborah Lockridge in this commentary.

Read More →
Panel discussion
Fleet Managementby Deborah LockridgeMarch 12, 2026

Fleet Managers Invited to Apply for Exclusive HDT Exchange Event

HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.

Read More →
Ad Loading...
DAT iPhone Widget.
Fleet Managementby News/Media ReleaseMarch 12, 2026

DAT Launches iPhone Widget to Help Owner-Operators Find Loads Faster

New DAT One feature shows top-paying loads directly on an iPhone’s home screen, helping carriers react faster to spot-market opportunities.

Read More →
Optimal Dynamics Scale screen shot
Fleet Managementby News/Media ReleaseMarch 12, 2026

Optimal Dynamics Launches AI System to Help Carriers Choose Better Freight

Optimal Dynamics says its new Scale platform uses AI agents and optimization to help carriers find and secure freight that improves network balance and profitability.

Read More →
DAT March 2026 trucking conditions.
Fleet Managementby Jack RobertsMarch 12, 2026

DAT: Flatbed Demand Climbs as Van and Reefer Rates Soften

DAT Freight & Analytics data shows tightening flatbed capacity, easing produce markets, and softening van and reefer rates.

Read More →
Ad Loading...
YouTube thumbnail with Mike Roeth of NACFE saying "NACFE's Messy Middle: Which Fuel Wins?"
Fuel Smartsby Deborah LockridgeMarch 11, 2026

Run on Less “Messy Middle” Data Shows Multiple Paths Forward for Truck Powertrains [Watch]

NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.

Read More →
Illustration of crowded New York street overlaid with dollar signs
Fleet Managementby Deborah LockridgeMarch 11, 2026

Federal Court Lets NYC Congestion Pricing Continue

A federal court ruling allows New York City’s congestion pricing program to continue, leaving truck tolls in place for fleets delivering into Manhattan.

Read More →
Fontaine Modification Access365
Fleet Managementby News/Media ReleaseMarch 10, 2026

Fontaine Modification Launches Real-Time Truck Modification Tracking Portal

Fontaine Modification has introduced a new customer portal designed to give fleets real-time visibility into the truck modification process, addressing one of the most common questions fleet managers face: “Where’s my truck?”

Read More →
Ad Loading...
FTR Tucking Conditions March 2026.
Fleet Managementby Jack RobertsMarch 10, 2026

FTR: Trucking Conditions Index Climbs to Highest Level Since 2022

Strong freight rates, rising volumes and tighter capacity push trucking conditions higher, though diesel prices could temper gains in the near term, FTR cautions.

Read More →