Journal: Truck Gauge

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November retail up over 2010

U.S. retail and food service sales in November were 0.2% higher than October and 6.7% higher than November 2010 on a seasonally adjusted basis, according to advance estimates from the U.S. Census Bureau. Sales by nonstore retailers outpaced the overall growth, rising 13.9% year over year. The strongest increase in sales from October to November was at electronics and appliance stores, where sales were up 2.1%. Total sales for September through November were up 7.4% from the same period last year.

 

Manufacturing orders surge

ISM’s New Orders index for the manufacturing sector was 56.7% in November, a jump of 4.3 points from the October level. November was the second straight month for growth after several months of mild contraction. The improvement suggests an increase in near-term shipments.

 

Truck loadings up slightly in November

(Seasonally Adjusted: 2000=100)

Truck Loadings Chart Untitled 1Truck loadings were 0.19% higher in November than in October, according to the FTR Loadings Index. Compared to November 2010, the index is up 4.91% – the highest year-over-year increase in nearly a year.

SOURCE: FTR ASSOCIATES

 

 

 

Truck Gauge Untitled 1Trailer and container loads for U.S. railroads were up 3.8%in November.

For more data, forecasts and trends as well as daily alerts and weekly summaries, subscribe to TruckGauge at www.truckgauge.com.

 

Trucking adds jobs in November

Jobs ChartPreliminary data from the Bureau of Labor Statistics shows that the for-hire trucking industry added 3,600 new payroll workers in November. The payroll employment level of nearly 1.29 million is up by 62,600 jobs, or 5.1%, since the bottom in March 2010.

 

 

 

 

 

 

 

 

Better days ahead

About 56% of the participants in Randall-Reilly’s monthly MarketPulse survey expect that business conditions – adjusting for seasonality – will be better in six months than they were in November. And only 2.2% believe conditions will be worse.

SAME — 42%

BETTER — 53%

WORSE — 2%

MUCH BETTER — 3%