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Housing starts and home sales soften after strong February.

• Seasonally adjusted continued claims for unemployment benefits were highest since November 2021.
• Streak of diesel price decreases ends at 10 weeks as the Midwest fuels higher national average.
• Dry van and refrigerated spot rates fall by the most in a week since January.
• Rail volumes recover in the latest week after an Easter-induced decline.
  
  

Manufacturing output and retail sales fall while inflation cools.

• The economy posts solid job growth in March as trucking employment looks   stronger.
• EPA proposal would require major shift to zero-emission vehicles by model year 2032.
• Truck spot market metrics soften in line with seasonal expectations.
• Mexico factors into recent weakness in intermodal and rail carload volumes.
  
  

Job openings dip below 10 million for the first time since May 2021.

• The ISM manufacturing index weakens to lowest level since May 2020.
• Trucking company new entry and carrier failures were basically in balance in March.
• Spot rates in dry van and refrigerated decline in line with seasonal expectations.
• Intermodal and rail carload volumes were generally stable in the latest week.
  
  

Annual data revision shows modestly weaker industrial production.

• Real consumer spending eased slightly in February.
• The automotive industry drove retail inventory growth in the latest month.
• EPA grants waivers to California for heavy-duty vehicle and engine emissions standards.
• Intermodal volume continues to be weak, but rail carload recovered to the prior trend.