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Newsby Evan LockridgeMay 16, 2017

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.

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Newsby Evan LockridgeMay 12, 2017

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.

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Newsby Evan LockridgeApril 14, 2017

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.

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Newsby Evan LockridgeMarch 15, 2017

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.

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Newsby Evan LockridgeFebruary 17, 2017

Economic Watch: Leading Indicators, E-Commerce Sales Post Impressive Gains

Three new economic reports add to increasing evidence the U.S. economy will have a better overall first quarter of the year than the final three months of 2016.

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Newsby Evan LockridgeFebruary 15, 2017

Economic Watch: Retail Sales Jump But Price Pressures Building

Retail sales, one of the largest drivers of the U.S. economy, advanced in January, pointing to increased overall growth in the first quarter of the year. At the same time, prices on the retail and wholesale level posted big gains, and the manufacturing component for industrial production ticked higher.

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NewsJanuary 19, 2017

Report: Wholesale Truck Values Dropped More than Retail

Sleeper tractors lost about 30% of value at auction last year, say analysts at J.D. Power Valuation Services.

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Newsby Evan LockridgeJanuary 13, 2017

Economic Watch: Retail Spending Helps Support Growth

Retail sales in the U.S. finished 2016 on a somewhat positive note, posting the fourth straight monthly gain, according to a new Commerce Department numbers released Friday. Separate reports show improvements in other key indicators important to trucking.

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Newsby Evan LockridgeNovember 15, 2016

Economic Watch: Retail Sales Surge, Up 4.3% Over Past Year

Retail sales in the U.S. jumped in October, according to Commerce Department figures released Tuesday, surpassing analysts’ expectations.

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Newsby Evan LockridgeOctober 14, 2016

Economic Watch: Retail Sales Rebound But Consumers Less Upbeat

Retail sales in the U.S. posted a solid gain in September, indicating consumers remain confident about the economy – but a separate report revealed that certainty is being hit by the race for White House.

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