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Prices at the wholesale level surged in April, with the Producer Price Index showing a 0.6% increase from the month before and the largest gain since September 2012, according to the U.S. Labor Department.
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The amount of freight carried by the nation’s for-hire transportation industry rose 1.6% in March from February, rising for the second consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index.
Read More →Retail sales in the U.S. barely moved higher in April, increasing just 0.1% from the month before, according to new Commerce Department figures.
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Freight expenditures increased for the third straight month during April while its 2.8% hike follows a 5.4% rise in March and an increase of 6.8% in February.
Read More →Economic activity in the nation’s non-manufacturing sector grew in April for the 51st consecutive month, hitting its highest level since last August, according to the nation’s purchasing and supply executives in the latest Non-Manufacturing Report On Business.
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Total intermodal freight volumes rose 2.6% above the previous year in the first quarter of 2014, according to new figures from the Intermodal Association of North America, despite extreme weather conditions depressing economic activity across much of the continent.
Read More →UPDATED -- Numbers released Friday by the U.S. Labor Department show 288,000 jobs were added, the most since January 2012, with the unemployment rate falling to 6.3% from 6.7% in March.
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UPDATED -- A new report shows U.S. consumer spending in March took its biggest leap forward since August 2009.
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UPDATED -- The American economy picked up very little steam in the first quarter of the year, recording its weakest reading since the fourth quarter of 2012, according to a new U.S. Commerce Department report released Wednesday.
Read More →After months of stagnant activity, pending home sales rose in March, marking the first gain in the past nine months, according to the National Association of Realtors.
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