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Industrial production declined 0.8% in May, according to today’s report from the Federal Reserve Board. Industrial production tracks very closely with freight volume
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Preliminary May economic data continues to be slightly negative for freight volume. Retail sales were unchanged in May, matching the unchanged report for May employment released earlier in June
Read More →The latest economic reports are sobering. April now looks to be the weakest month in this economic slowdown although several more months of modest production declines are still likely
Read More →Unemployment, construction and manufacturing numbers released today send mixed messages about how the economy is faring
Read More →Consumers are feeling better about the U.S. economy and seem likely to spend more money on goods hauled by truck
Read More →More economic numbers of importance to trucking came out Friday and the news is mixed
Read More →One important indicator as to the future health of trucking is new homes sales, but it may be wise not to read too much into April’s disappointing numbers
Read More →The Conference Board's index of leading economic indicators rose 0.1% in April after three consecutive declines
Read More →The Fed cut credit costs another half percent today - the fifth cut this size since January. No immediate benefit is expected for equipment manufacturers or freight haulers, but it should help boost spending in the economy later this year
Read More →The economy was not doing as well as first reported in March and April, according to revised data with more complete information released Monday
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