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Consumers unexpectedly backed off on personal spending in July by just a bit, while income moved slightly higher, according to a new U.S. Commerce Department report, raising concerns that wages are not keeping up with household needs.
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U.S.-NAFTA freight totaled $103 billion in June as all five major transportation modes carried more cargo by value than during June 2013, according to new U.S. Transportation Department figures.
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UPDATED -- The U.S. gross domestic product increased at an annual rate of 4.2% in the second quarter of the year, according to a second estimate released Thursday by the U.S. Commerce Department -- its best pace since the third quarter of last year.
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UPDATED -- Shipments and new orders for manufactured durable goods continue moving higher, with both hitting record levels -- but the numbers may not be as bright as they seem.
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New home sales in the U.S. declined in July, according to the Commerce Department, falling for the second month in a row and hitting a four-month low.
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New construction starts in July climbed 6% to a seasonally adjusted annual rate of $588.8 billion, according to industry date provider McGraw Hill Construction.
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The total value of shipments in the heavy-duty truck manufacturing business have increased the most of three vehicle classes over the past five-years, according to new 2012 Economic Census statistics released Thursday by the U.S. Census Bureau.
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Linehaul rates for truckload shipping continue to rise, according to the latest Cass Linehaul Rate Index. On average, North American shippers paid 7.2% more in July of this year than last in their truckload linehaul rates.
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The latest measure on the condition of the U.S. economy and where it's heading shows improvement again, according to the private research group The Conference Board.
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The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index rose 1.3% in July, following a decrease of 0.8% the previous month, according to newly released figures.
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