Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH
Enter keywords to search across all content
NewsJune 16, 2014

Economic Watch: Industrial Production Rebounds, Homebuilder Optimism Grows

UPDATED -- U.S. industrial production rose 0.6% in May after having declined 0.3% in April, according to a new Federal Reserve report. The decrease in April was previously reported to have been 0.6%.

Read More →
Newsby Evan LockridgeJune 13, 2014

Economic Watch: Wholesale Prices Fall, Consumer Sentiment Dips

Prices at the wholesale level declined in May for the first time in three months, according to new U.S. Labor Department figures, while a separate report shows consumer sentiment fell slightly but is relatively stable.

Read More →
Newsby Evan LockridgeJune 12, 2014

Economic Watch: Retail Sales Increase for Fourth Straight Month

Retail sales in the U.S. increased for the fourth consecutive month during May increasing 0.3% from the month before and 4.3% from the level the same time a year earlier.

Read More →
Ad Loading...
NewsJune 11, 2014

DOT Freight Index Near All-Time High

The amount of freight carried by the for-hire transportation industry rose 0.4% in April from March, increasing for the third consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index released Wednesday.

Read More →
NewsJune 9, 2014

Cass Freight Index Increases, Shipment Volume Highest Since 2011

North American freight shipments and expenditures continued to buck the historic trend and increased again in May, according to the latest Cass Freight Index.

Read More →
Newsby Jim ParkJune 6, 2014

Economic Watch: U.S. Employment Grows by 217,000, Trucking Adds 1,500 Jobs

Four consecutive +200k monthly non-farm payroll reports is impressive, but it will take more than headline improvement to thrust the economy above current trend growth. Employment gains thus far have not yet led to wage pressures. Without adequate income growth, the consumer remains limited in spending capacity, which is restraining near-term growth prospects.

Read More →
Ad Loading...
NewsJune 4, 2014

Economic Watch: April Factory Orders, Construction Spending Rise

New orders for manufactured goods were up for the third consecutive month in April, rising 0.7% to $499.8 billion. April was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 1.5 percent March increase.

Read More →
NewsJune 4, 2014

Economic Watch: Fed's June Beige Book Report says Economy Expanded In All Districts

Manufacturing activity expanded throughout the nation with a notable improvement along the East Coast. Growth was particularly strong for several Distracts related to motor vehicles, aerospace, and metals. Both non-residential construction activity and commercial real estate markets were generally steady to stronger since the last report.

Read More →
NewsMay 30, 2014

Economic Watch: Consumer Spending, Sentiment Decline

The 0.1% drop in personal consumption expenditures follows an upwardly revised 1% increase during March, which was the largest gain since August 2009 and is the first decline in a year.

Read More →
Ad Loading...
NewsMay 29, 2014

Economic Watch: First Quarter GDP Falls 1%, Jobless Claims Hit 2007 Level

UPDATED -- The broadest measure of American economic health shows it throttled back in the first quarter of the year, according to the U.S. Commerce Department.

Read More →