manufacturing

Confidence lackluster, but factories humming

Tuesday’s report on consumer confidence was a bit sour, even though the index was up a tad. “Overall, consumers remain apprehensive about the future," said an official with The Conference Board Consumer Research Center, which manages the survey. But, hey, that’s just a survey of how people feel. A report this morning shows that manufacturing, which has a more direct impact on trucking, continues to improve. One of the most active manufacturing sectors was transportation equipment, ...

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Just one word. Are you listening?

The Institute for Supply Management’s monthly report on factory output lists Plastics (with rubber products) as the fastest growing segment. The news remains strong overall for manufacturing, which had its 12th consecutive month of expansion.

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Factories humming; inventories start growing

Today’s report on manufacturing shows it expanded in March for the eighth consecutive month, says the Institute for Supply Management, which does a monthly survey of supply executives. The good news mirrors what many in the trucking industry have said in recent weeks about freight demand – and driver demand with it – picking up. ISM also says the overall economy grew for the 11th consecutive month. “The rate of growth as indicated by the PMI (Purchasing ...

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Clothes, fuel and computers lead factory report

Clothing was one of nine growing sectors that produced the fifth consecutive month of expansion for the nation’s manufacturing sector.

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Factories busier in July

Industrial production increased by a half-percent in July, the Federal Reserve announced today. While housing and other indicators with relevance to truck freight have shown twitches of life in recent months, this marked the first monthly increase in this measurement since December 2007 (not counting a hurricane-related rebound in October 2008). The manufacturing component of the index rose 1.0 percent in July. This was mostly due to a tax-revived auto industry, which saw vehicle assemblies jump ...

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Some bright spots in the supply chain

If you’re looking for good news, this morning’s report from the Institute for Supply Management has some: The overall economy grew in June. Warehouses are emptying out, which is good for trucking. Manufacturing failed to grow last month, though its rate of contraction is slowing. And seven of 18 industries did report growth to ISM: petroleum and coal products; printing and related support activities; wood products; nonmetallic mineral products; miscellaneous manufacturing; chemical products; and primary metals.  “Most ...

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