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Weekly Transportation Update: GDP Rises as Goods Transport Falls


GDP rises in Q3, but the goods transport economy fades



  • New orders for core capital goods see largest decrease since May 2021.
  • Sales of new homes fall in September after August’s surprising increase.
  • The trucking spot market sees volume growth, mostly stable rates in the latest week.
  • Railroad labor issues return to the spotlight.
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Weekly Transportation Update: September Strong for Production and Manufacturing


Industrial production and manufacturing output see gains in September.

  • Housing starts fall but remain above 2019 levels.
  • Diesel prices continue to rise as distillate inventories are still very low.
  • Truck spot metrics generally move seasonally while West Coast volume is lowest since May 2020.
  • Intermodal volumes hold steady as harvest drives up rail carload volume.
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Weekly Transportation Update: New Home Sales Surprise with a Sharp Rebound


New orders for core capital goods show solid gain in August.

  • Sales of new homes surprise with a sharp rebound.
  • Real spending on goods declines as real spending on services ticks higher.
  • CDL driver hiring activity in August was the strongest of the pandemic.
  • Intermodal shows no volume improvement in week following rail strike scare.
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