State of Freight TODAY

Weekly Transportation Update: Real consumer spending sets third straight record in November

Written by The FTR Experts | 1/1/70 12:00 AM

The US economy showed positive signs with strong consumer spending, lower consumer prices, and improved residential construction in November.

  • Housing starts surge in November to the highest level since May.
  • Home sales were mixed with sales of new homes falling sharply. 
  •  Truck spot rates are unchanged overall in the latest week.
  •  CBP temporarily suspended rail operations in Eagle Pass and El Paso, Texas