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Freight expenditures increased for the third straight month during April while its 2.8% hike follows a 5.4% rise in March and an increase of 6.8% in February.
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Economic activity in the nation’s non-manufacturing sector grew in April for the 51st consecutive month, hitting its highest level since last August, according to the nation’s purchasing and supply executives in the latest Non-Manufacturing Report On Business.
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Total intermodal freight volumes rose 2.6% above the previous year in the first quarter of 2014, according to new figures from the Intermodal Association of North America, despite extreme weather conditions depressing economic activity across much of the continent.
Read More →UPDATED -- Numbers released Friday by the U.S. Labor Department show 288,000 jobs were added, the most since January 2012, with the unemployment rate falling to 6.3% from 6.7% in March.
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UPDATED -- A new report shows U.S. consumer spending in March took its biggest leap forward since August 2009.
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UPDATED -- The American economy picked up very little steam in the first quarter of the year, recording its weakest reading since the fourth quarter of 2012, according to a new U.S. Commerce Department report released Wednesday.
Read More →After months of stagnant activity, pending home sales rose in March, marking the first gain in the past nine months, according to the National Association of Realtors.
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Two of five transportation modes, truck and pipeline, carried more U.S.-North American Free Trade Agreement freight in February 2014 than compared to the same time a year earlier, according to new U.S. Transportation Department figures.
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UPDATED -- Sales of new single-family homes in the U.S. plunged during March, hitting it lowest level since July and marking the third decline out of the last six months.
Read More →New figures show existing-home sales fell to their lowest level in more than 18 months during March, according to the National Association of Realtors, but the trend may be staring to ease.
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