Economic News

FTR Reports Preliminary North American…

FTR reports preliminary North American Class 8 net orders for September fell m/m 29% to 28,100 units. September 2021 activity was down 12% y/y with Class 8 orders now totaling 453,...

Real Average Hourly Earnings Increased…

All Employees Real average hourly earnings for all employees increased 0.2 percent from August to September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today...

Producer Price Index for Final…

The Producer Price Index for final demand increased 0.5% in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. Final demand prices moved up 0.7% in Augus...

Labor Force Participation 61.6 Percent…

The labor force participation rate was 61.6% in September 2021. September marked 17 months into the recovery from the February–April 2020 recession. While the participation rate ...

CPI for all Items Rises…

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4% in September on a seasonally adjusted basis after rising 0.3% in August, the U.S. Bureau of Labor Statistics...

FTR’s Trucking Conditions Index for…

After easing modestly but steadily since April’s record level, FTR’s Trucking Conditions Index (TCI) in August rose slightly to a reading of 11.63. Freight volume and capacity ...

Kansas City Fed Report Says…

Factory Activity Continued at a Strong Pace Tenth District manufacturing activity continued at a strong pace, and expectations for future activity remained solid. The monthly index...

GDP Increased 6.6 Percent in…

Real gross domestic product (GDP) increased at an annual rate of 6.6% in the second quarter of 2021, according to the “second” estimate released by the Bureau of Econom...

International Trade Deficit $86.4 Billion…

Advance International Trade in Goods The international trade deficit was $86.4 billion in July, down $5.7 billion from $92.1 billion in June. Exports of goods for July were $147.6 ...