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Economic News

Strong Freight Rates Mean Strong…

  • Jan 19th, 2021
  • .Economic News / Freight News
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In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the strength in new commercial vehicle demand can be summed with strength in freight rates. The r...
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ACT Research: China’s Commercial Vehicle…

  • Jan 19th, 2021
  • .Economic News
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According to the recent release of ACT Research’s China Commercial Vehicle OUTLOOK, China’s heavy and medium commercial vehicle markets reported an uptick in sales during 2020â...
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U.S. Terms of Trade Increased…

  • Jan 19th, 2021
  • .Economic News
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The U.S terms of trade with Canada increased 4.1%, for the year ending in November 2020. Terms of trade with China increased 2.2%, and terms of trade decreased with the European Un...
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Retail Salespersons Numbered 4.3 Million,…

  • Jan 19th, 2021
  • .Business News / Economic News
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In 2019, there were 4.3 million retail salespersons in the United States, and they earned an average of $29,360 per year. Fast food and counter workers numbered 4.0 million, with a...
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International Trade Deficit Increase to…

  • Jan 19th, 2021
  • .Economic News
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The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced that the goods and services deficit was $68.1 billion in November, up $5.0 billion from $63.1 billion in O...
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Nonmanufacturing Business Outlook Survey Shows…

  • Jan 19th, 2021
  • .Economic News
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Firms responding to the December Nonmanufacturing Business Outlook Survey indicated a continued moderation in business activity. The survey’s current indicator for general activi...
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Existing Home Sales Fell in…

  • Jan 19th, 2021
  • .Economic News
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Existing-home sales fell in November, snapping a five-month streak of month-over-month gains, according to the National Association of Realtors®. All major regions either took a s...
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Real Weekly Earnings up 3.7…

  • Jan 19th, 2021
  • .Economic News
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Real average hourly earnings for all employees increased 3.7% from December 2019 to December 2020. The change in real average hourly earnings combined with an increase of 1.2% in t...
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ACT Research: Strong Freight Markets…

  • Jan 19th, 2021
  • .Economic News / Freight News
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According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, greater-than-expected build rates in November, the latest available data, continued to apply u...
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