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The latest reading on freight movements in the U.S. shows the amount carried by the for-hire transportation industry was virtually unchanged in December from November, failing to rise after five consecutive months of increases, according to the U.S. Department of Transportation.
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North American shipment volumes and total spending on freight both dropped in January, according to the Cass Freight Index, but they were also at their highest level for the month in at least three years.
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Significant mid-year gains, paired with across-the-board growth in the final quarter of last year, contributed to strong overall intermodal freight performance in 2014, according to new figures from the Intermodal Association of North America.
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According to the U.S. Labor Department, 257,000 jobs were added last month, while total jobs gains in December were revised upward to 329,000 from 252,000.
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A full report on activity at U.S. factories in December shows drops in both shipments and new orders, according to the U.S. Commerce Department.
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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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A first look at one of the widest measures of the U.S. economy shows activity cooled in the fourth quarter of 2014.
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Newly released U.S. Transportation Department figures show the amount of freight moved between the U.S. and its Canadian and Mexican neighbors edged higher by just 0.1% in November from the same time a year earlier.
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Shipments of U.S. manufactured durable goods, those designed to last three years or more, rebounded in December but new orders turned in its worst performance since August, according to a new U.S. Commerce Department report.
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New construction starts in December retreated 16% from the month before totaling $568.2 billion, according to construction industry data provider Dodge Data and Analytics, but posted another annual gain.
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