What Trucking And Freight Just Said About The Goods-Based Economy In The U.S.

Authored by Wolf Richter via WolfStreet.com, “In 30 years, I’ve never seen anything like this”: CEO of warehouse operator Pacific Mountain Logistics. Sales at merchant .....»»

The Leawood-based company adds to a catalog of goods already offered in thousands of stores nationwide......»»

YouGov's report found that Americans are still buying luxury goods in 2024 despite the economy experiencing "inflationary fluctuations." .....»»

Beige Book Reveals Economy In Far Worse Shape Than White House Claims There was something odd about the latest Beige book (which was prepared based on information collected on or before April 8, 2024, so before the latest CPI print).....»»

Tuesday Morning announced it would begin trading on the Nasdaq Stock Market again starting Tuesday morning, about a year after it delisted when it filed for Chapter 11 bankruptcy. The Dallas-based off-price home goods retailer will commence trading.....»»

Target Corp beat estimates for quarterly same-store sales on Wednesday as a strong vaccination drive across the country encouraged shoppers to return to the stores and spend their stimulus checks on home goods, clothes and other items......»»

On Tuesday, Arrive Logistics, a freight brokerage based in Austin, Texas, launched an online freight portal called Carrier EDGE and a read more.....»»

Prices consumers are paying for goods and services are climbing to post-recession highs, causing households and Wall Street anxiety just as the economy roars back with the lifting of pandemic restrictions. Here's when markets might really worry......»»

When the overall economy isn’t doing well, one sector that usually performs better than average is Consumer Staples or Consumer Defensive. This sector primarily includes companies dealing with household goods, food, beverages, hygiene products and o.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Inflation is the increase in the prices of goods and services over time. It indicates a healthy economy.....»»

The U.S. trade deficit rose 5.6% in March to a record $74.4 billion, reflecting a seemingly insatiable appetite among Americans for consumer goods such as toys, clothes, cell phones, home furnishings as the economy gains speed......»»

Consumers flush with stimulus money are spending like mad and businesses are rushing to keep up by pumping out more goods and services. So don't be shocked if the U.S. adds millions of new jobs in the next several months......»»

Consumers splurged on new cars, recreational goods and takeout food in March after most Americans received $1,400 government stimulus checks, giving a big shot in the arm to an economy still recovering from the coronavirus pandemic......»»

Hibbett Sports is expanding its footprint in Georgia. The Birmingham-based sporting goods retailer has opened a location in Jonesboro, Georgia. “I am excited that we are bringing our first Hibbett Sports to serve the great community of Jone.....»»

1st Coast Carrier, Inc. President and CEO Cary Stroud looks to diversify beyond the dedicated freight contracts for retail products he has transported for years......»»

The U.S. trade deficit with other countries jumped almost 5% in February to a record $71.1 billion, as a rapidly recovering economy enabled Americans to buy more imported goods and services......»»

Greensboro-based sporting goods chain Omega Sports has filed for Chapter 11 bankruptcy protection. Omega filed for bankruptcy on March 25 in the Western District of North Carolina's Charlotte Division. Omega listed estimated liabilities of $1,0.....»»

This latest investment continues the local private equity firm's focus on the food sector......»»

The Business Journal sat down with Raphael Bostic, president of the Federal Reserve Bank of Atlanta, to discuss the state of the economy, how to think about inflation and what the future will hold......»»