International Trade Deficit $99.0 Billion;…
Advance International Trade in Goods The international trade deficit was $99.0 billion in October, up $7.1 billion from $91.9 billion in September. Exports of goods for October wer...
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FTR Reports Net Trailer Orders…
FTR reports that U.S. trailer net orders surged in October to 44,000, rising 91% from the previous month. Orders were 161% higher than in October 2021. Backlog levels jumped 13% on...
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FTR’s Ake to Retire
Don Ake will be retiring from FTR at the end of September. Ake has been the vice president of commercial vehicles at FTR since 2013. His responsibilities included forecasting and a...
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Payroll Employment up by 315,000…
Total nonfarm payroll employment increased by 315,000 in August 2022 and by 5.8 million over the past 12 months, as the labor market continued to recover from the job losses of the...
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Producer Prices up 9.8% From…
Producer The Price Index for final demand increased 9.8% from July 2021 to July 2022. Prices for final demand less foods, energy, and trade services increased 5.8%. For the year en...
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U.S. Export Prices up 18.2…
U.S. export prices increased 18.2% from June 2021 to June 2022, compared with a 16.9% increase for the year ended June 2021. From 2012 to 2020, over-the-year changes from June to J...
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Compensation Costs for Private Industry…
Compensation costs for private industry workers increased 5.5% from June 2021 to June 2022. Wages and salaries rose 5.7% over this period, while the costs of benefits increased 5...
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New Proposed Rule on Independent…
A new U.S. Department of Labor proposed rule on which workers are independent contractors is expected soon, as the White House’s Office of Information and Regulatory Affairs ...
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IRS Announces Increase in 2023…
Health savings account (HSA) contribution limits for 2023 are going up significantly in response to the recent inflation surge, the IRS announced April 29, giving employers that sp...
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