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A barometer of future U.S. economic activity rose in April following a drop in March, signaling growth could speed up later in the year. The Index of Leading Economic Indicators from the private research group The Conference Board, shows a 0.6% gain in April to 95, following a downwardly revised 0.2% drop in March.
Read More →Building of new homes in the United States fell in April to its lowest level since November, but the rate is still well above the same time a year ago, and new building permits are at their highest level since June 2008.
Read More →Industrial production in the United States tumbled in April, the biggest drop in eight months. The Federal Reserve says the total output at the nation’s factories, mines and utilities fell 0.5% following a downwardly revised 0.3% gain in March.
Read More →Retail sales in the United State edged slightly higher in April after falling the month before, but analysts say the gains are broad-based.
Read More →The amount of freight carried by the for-hire transportation industry rose 0.3% in March from February, rising for the fifth month in a row, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
Read More →Job creation overall in the United States as well as in trucking both posted solid gains in April according to a new report, leading to a surge on Wall Street as well as an increase in the price of oil.
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The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index gained 0.9% in March after decreasing 0.7% in February. Tonnage has now increased in four of the last five months.
Read More →The government’s first look at shipments and new orders for manufactured durable goods in the U.S. during March shows mixed performance.T he U.S. Commerce Department reports shipments increased in March from the month before by 0.4% to $230 billion. This is the highest level on record, going back to 1992.
Read More →Sales of new homes in the United States continue getting better, while sales of existing ones have dipped just slightly.
Read More →The latest read on where the U.S. economy is heading suggests activity will slow a bit in the coming months.
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