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The U.S. Department of Transportation is calling its Transportation Services Indexes, especially the freight index, leading indicators of economic cycles.
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The number of people who found jobs in November increased dramatically from the month before but the unemployment rate was unchanged, according to U.S. Labor Department numbers released Friday morning.
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The Association of American Railroads said Thursday for the week ending Nov. 29, U.S. railroad intermodal volume totaled 220,873 units, up 6.2% compared with the same week last year and the highest level on record.
Read More →Construction spending in the U.S. posted its biggest increase in five months during October, according to a new Commerce Department report released Tuesday.
Read More →Economic activity in the manufacturing sector expanded in November for the 18th consecutive month, but at a slower pace, according to the nation’s supply executives in the latest survey by the Institute for Supply Management
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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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The amount freight moved between the U.S. and its neighbors of Canada and Mexico totaled $102.2 billion in September, an 8.2% gain from a year ago, as all five major transportation carried more cargo, according to new U.S. Transportation Department figures.
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UPDATED -- The health of the American economy was much stronger in the third quarter of the year than initially thought, according to the U.S. Commerce Department.
Read More →A measure used to forecast where the U.S. economy is headed in the next three to six months rose sharply in October from the month before, according to the private research group The Conference Board.
Read More →Inflation in the U.S. was muted in October, according to a new Commerce Department Report, due in large part to falling fuel prices.
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