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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.
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American consumers are feeling better about the economy with one measure hitting its highest level since January.
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Economic Watch: American consumers opened their wallets a whole lot more in May, with consumer spending increasing the most in nearly six years.
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Business conditions in the nation’s manufacturing sector turned around in May from the month before, while construction spending hit a six-year high. A weak spot? Consumer spending.
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The level of manufacturing in the U.S. was unchanged in April compared to the month before, according to a new survey of the nation’s purchasing managers.
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U.S. consumer spending fell slightly in January as gasoline prices remained low, according to new Commerce Department report released Monday.
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Consumer spending during December posted its biggest drop since September 2009, according to a new U.S. Commerce Department report on Monday.
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Key economic indicators for October that were posted last week show mostly good news for trucking, including durable goods, home sales and consumer confidence.
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Economic activity in the manufacturing sector expanded in October for the 17th consecutive month, its highest level since March 2011, according to nation’s supply executives.
Read More →Consumer spending in the U.S. declined in September for the first time in eight months, according to the U.S. Commerce Department.
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