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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.

Housing starts rise as multi-family construction hits an all-time high.

• Sales of existing homes fall for the seventh straight month.
• Industrial production dips due to weaker utilities output.
• Worries about a possible rail strike failed to bolster the trucking spot market.
• Uncertainty over the averted rail strike shows up mostly in weaker intermodal volume.

• Falling fuel prices hit merchant wholesaler sales in July.
• Diesel prices ease while crude sinks to its lowest price since January.
• Mortgage rates rise to the highest level since November 2008.
• Spot rates rise in key trucking segments heading into the Labor Day holiday.

This is the beginning of a series of articles on electric vehicles. This is not meant to be an engineering series but a more general look that focuses on the broader history, the present situation, future uses, and potential problems of the new “Electric Age.”

FTR Expert Steve Graham takes a look at how close we are to a recession and whether we could avoid it entirely.

FTR Expert Steve Graham weighs in on how things look economically as we reach the halfway point of 2022.

If economists and central bankers had a “Public Enemy” category, like INTERPOL or the FBI do, inflation would undoubtedly be elected the No. 1 enemy of the people.