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Sales of new homes on the United States skyrocketed in October, recording the biggest monthly increase in more than 30 years, according to a new U.S. Commerce Department report.
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Sales of new automobiles, light-trucks and SUV’s in the U.S. picked up their pace dramatically last month, hitting an annual rate of 16.4 million, far above the 15.3 million yearly rate in October and the best since early 2007.
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UPDATED -- Total construction spending in the United States hit a four and half year high in October, according to U.S. Commerce Department report released on Monday.
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Despite a partial government shut down last month, resulting in hundreds of thousands of people being out of work and with no paychecks, retail sales in the U.S. unexpectedly increased.
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FTR's Noel Perry discussed the role of regulatory shocks in capacity and freight rates, plus the economic backdrop to what's going on in the industry, in FTR's recent State of Freight conference call.
Read More →UPDATED -- A new U.S. Labor Department report shows there was a net gain of 204,000 jobs in the country during October, far more than economists were predicting, while trucking added just a few jobs.
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A new report shows the American economy expanded in the third quarter of the year at a surprisingly higher rate than expected.
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Conditions for the American economy are improving and may continue doing so, according to a new report out from one private research group.
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Economic activity in the non-manufacturing sector grew in October for the 46th consecutive month, according to the nation's purchasing and supply executives in the latest Non-Manufacturing Institute for Supply Management Report On Business.
Read More →Sales of new automobiles in the United States increased 10.6% in October from the same time a year ago.
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