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Weekly Transportation Update: Consumer inflation rose in March at the same rate as February

Consumer inflation is sticky in March. Prices in the supply chain saw a slight increase, but at a slower pace compared to February. Additionally, there's a concern over rising diesel prices for freight transportation.

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Weekly Transportation Update: U.S. adds 303,000 payroll jobs in March as unemployment dips

This week saw a significant increase of 303,000 payroll jobs in the U.S. for March, with job openings remaining stable at 8.8 million. Additionally, diesel prices have dropped, and the ISM manufacturing index indicates expansion.

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Weekly Transportation Update: Durable goods orders edge higher in February

This week's economic data has been sparse, showing minimal changes in manufacturing orders and new home sales for February. Transportation metrics like diesel prices and trucking spot rates have also remained steady.

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Weekly Transportation Update: Housing starts rebound in February after weather-induced drop

Following a decline in January, housing starts have experienced a rebound. Concurrently, the real estate market has seen a surge in the sales of existing homes throughout February. Mortgage rates have also shifted, edging back towards the 7% mark. Additionally, diesel prices have reversed course in the latest week.

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Weekly Transportation Update: Manufacturing’s February gain fails to offset January drop in output

In February, key economic indicators improved after January's weather impact, but updated data revealed a larger hit than expected. February gains didn't fully offset January declines. Inflation remained a concern for both consumers and businesses, partly due to volatile fuel prices. Government pricing data for freight brokers in transportation showed continued strengthening, prompting questions about underlying causes.

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Weekly Transportation Update: U.S. adds 275,000 payroll jobs in February

The unemployment rate has increased to 3.9%, with a slight easing in mortgage rates and a continued fall in diesel prices. Additionally, rail carload volume is still below 2023 levels.

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Weekly Transportation Update: Consumer spending on goods falls sharply in January

Consumer spending on goods fells in January, while retail inventories saw small gains. This week saw a decline in diesel prices and slightly stronger carload and intermodal traffic.

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Weekly Transportation Update: Sales of existing homes on the rise

This week, economic data was limited, but there was a glimmer of strength in the housing market as existing home sales saw an increase. However, the recent rise in mortgage rates could potentially hinder further recovery. On the transportation front, diesel prices remained stable after a significant 21-cent spike last week.

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Weekly Transportation Update: Retail sales decline in January, but weather might have been a factor

The unusually severe winter weather in mid-January seems to have impacted key seasonally adjusted economic indicators. The Federal Reserve mentioned winter weather as a contributing factor in industrial production figures.

 

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Weekly Transportation Update: Wholesale inventories rise in December but so do sales

In a relatively quiet week, wholesale inventories held steady and sales increased. Real exports and imports rose in December. Mortgage rates have been stable for eight weeks.  Diesel prices rose for third time in four weeks. And rail traffic strengthened.  

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