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A measure of where the American economy is headed in the next three to six months shows conditions are improving, but not as fast as they have been, according to the private research group The Conference Board.
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Consumer prices in the U.S. remained in check during September, increasing just 0.1%, according to the U.S. Labor Department.
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The latest housing starts figures show the housing market continues to move in the right direction, finally recapturing 2013 levels after a weak start to the year.
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The amount of truck tonnage hauled in the U.S. during September was unchanged from the month before remaining at a record high level, according to new American Trucking Associations figures.
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The increased volume reflects peak season volumes and larger vessels calling at the facility, according to port officials.
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Residential construction in the U.S. has rebounded but remains volatile, hitting an annual rate of just more than 1 million units for only the third time this year in September, according to the U.S. Commerce Department.
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Industrial production in the U.S. increased 1% in September, the biggest gain in nearly two years, and advanced at an annual rate of 3.2% in the third quarter of 2014. Manufacturing production was up for the quarter, led by mining, while last week's unemployment claims dropped.
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Retail sales in the U.S. during September stumbled a bit, marking the first month-to-month decline since January, while a separate report shows there is no reason for concern about inflationary pressures.
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After a turbulent start to 2014, the nation’s retailers expect sales in November and December to increase a healthy 4.1% to $616.9 billion, higher than 2013’s actual 3.1% increase during that same time frame.
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The freight logistics sector was relatively flat in September, with a drop in North American shipment volume and a slight increase in total freight expenditures, or payments, according to the latest Cass Freight Index.
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