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American consumers opened up their wallets a little bit more in December, according to new figures from the U.S. Commerce Department.
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While new figures show the nation’s unemployment rate has fallen to its lowest level since October 2008, job growth in December was the slowest in nearly three years.
Read More →Anyone associated with getting to market new light vehicles, (cars, light trucks and SUVs), not to mention sales and manufacturing of them, has reason to be hopeful about business prospects in the New Year.
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Announced job cuts fell to the lowest level of the year in December as U.S.-based employers reported plans to reduce payrolls by 30,623 during the month, representing a 32% decline from a November total of 45,314, according to a new report by the global outplacement consultancy Challenger, Gray & Christmas.
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The amount of freight carried by the nation’s for-hire transportation industry rose 1.2% in November from October, rebounding from a one-month decline to reach its highest all-time level, according to a new U.S. Department of Transportation report.
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North American freight activity followed virtually the same path in 2013 as it did in the previous two years, concluding with the typical December falloff, according to new issue of the Cass Freight Index Report.
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Private sector employment increased by 238,000 jobs from November to December, according to the new ADP National Employment Report, making the final month of 2103 the strongest month for job growth last year.
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U.S. trade with its North American Free Trade Agreement partners, Canada and Mexico, amounted to $103.1 billion in October, up 4.5% from the same time a year earlier and exceeded $100 billion for the first month on record, according to new U.S. Department of Transportation figures.
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Shipments and new orders for manufactured goods in the United States both hit their highest levels on record in November, according to a new U.S. Commerce Department report released on Monday.
Read More →Sales of new autos in the United States last year should post their performance since 2007, despite a slight dip in December, according to published reports.
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