Economic challenges continue springtime

EFT

Manufacturing is steady. The Institute for Supply Management (ISM) reports that manufacturing held its own in April after six months of shrinking. Of the 18 manufacturing segments covered, 11 reported growth. . percent in April from March showing that manufacturers continue to deleverage their stocks on hand. . It’s no wonder that the freight recession continues with tepid demand for goods from manufacturing and retailers.

Economic challenges continue springtime

EFT

Manufacturing is steady. The Institute for Supply Management (ISM) reports that manufacturing held its own in April after six months of shrinking. Of the 18 manufacturing segments covered, 11 reported growth. . percent in April from March showing that manufacturers continue to deleverage their stocks on hand. . It’s no wonder that the freight recession continues with tepid demand for goods from manufacturing and retailers.

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Spring Starts Slowly

EFT

percent), and manufacturing (-0.3 If you are looking for good news, the Fed is reporting that a turnaround is coming as manufacturing output increased in the first quarter over the last fourth quarter. . ATA reports a mixed freight market with soft volume with oil fracking/production and manufacturing putting a drag on the market. . Cass is cautiously optimistic saying a better housing market, manufacturing growth, and strong job gains point to better days ahead. .

The Economy is on a Roll

EFT

The logistics industry has the wind at its back with stronger consumer spending and manufacturing stabilizing. . The Institute for Supply Management said its index of non-manufacturing activity rose to 57.2 Demand for goods expected to last three years or more increased in October at the fastest pace in a year giving us a sign that the manufacturing sector has begun to stabilize. .

A New Year, a New Administration Begins

EFT

Non-manufacturing growth surges . The ISM non-manufacturing activity index (NMI) December reading came in at 57.2. Companies that depend on industrial real estate, which is everyone from manufacturers to retailers and 3PLs experienced a sharp increase in lease rates in 2016 from 5 to 23 percent. The rising Consumer Price Index ( CPI ), up 2.1 percent year over year in December, companies gain the ability to raise wages, boosting the consumer economy.